{"code":"COM","codeName":"Commercial Code","section":"3601","citation":"Com. Code, § 3601","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. NEGOTIABLE INSTRUMENTS [3101. - 3605.]","url":"https://blackletter.si/commercial-code/division-3"},{"name":"CHAPTER 6. Discharge and Payment [3601. - 3605.]","url":"https://blackletter.si/commercial-code/division-3/chapter-6"}],"history":"Repealed and added by Stats. 1992, Ch. 914, Sec. 6.   Effective January 1, 1993.","effective":"1993-01-01","html":"<p>(a) The obligation of a party to pay the instrument is discharged as stated in this division or by an act or agreement with the party which would discharge an obligation to pay money under a simple contract.</p><p>(b) Discharge of the obligation of a party is not effective against a person acquiring rights of a holder in due course of the instrument without notice of the discharge.</p>","text":"(a) The obligation of a party to pay the instrument is discharged as stated in this division or by an act or agreement with the party which would discharge an obligation to pay money under a simple contract. (b) Discharge of the obligation of a party is not effective against a person acquiring rights of a holder in due course of the instrument without notice of the discharge.","otherVersions":[],"url":"https://blackletter.si/commercial-code/discharge-and-payment-3601","source":"California Legislative Information bulk export (pubinfo)"}