554.3117 Other agreements affecting instrument. Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified,supplemented, or nullified by a separate agreement of the obligor and a person entitled toenforce the instrument, if the instrument is issued or the obligation is incurred in reliance onthe agreement or as part of the same transaction giving rise to the agreement. To the extentan obligation is modified, supplemented, or nullified by an agreement under this section, theagreement is a defense to the obligation. 94 Acts, ch 1167, §26, 121, 122 Sat Dec 23 01:55:24 2023 Iowa Code 2024, Section 554.3117 (24, 0)
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