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Can you summarize NHRS 382-A:3-601?

UNIFORM COMMERCIAL CODE > Discharge and Effect of Discharge.

Short Summary

(a) The obligation of a party to pay the instrument is discharged as stated in this Article 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. Source. 1993, 346:1, eff. Jan. 1, 1994.

Jurisdiction

New Hampshire

Source
NHRS 382-A:3-601 [https://reggi.cloud.regology.com/regulations/US-NHRS/US-NHRS_T_XXXIV-A_C_382-A_S_3-601]