Payment; endorsement or memorandum
Sec. 3. This chapter does not take away or lessen the effect of any
payment made by any person. However, no endorsement or
memorandum of any payment made:
(1) upon any instrument of writing; and
(2) by or on behalf of the party to whom the payment is
purported to be made;
is considered sufficient to exempt the case from this chapter.
As added by P.L.1-1998, SEC.6.
Last modified: May 24, 2006