DISCHARGE AND EFFECT OF DISCHARGE (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.Laws 1961, p. 118, § 3-601; Laws 1991, c. 117, § 89, eff. Jan. 1, 1992.
Oklahoma Legal Code