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Ohio Revised Code Title XIII. Commercial Transactions § 1303.66

Current as of January 01, 2024 | Updated by FindLaw Staff

(A) The obligation of a party to pay the instrument is discharged as stated in this chapter or by an act or agreement with the party that would discharge an obligation to pay money under a simple contract.

(B) The 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.

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Cite this article: FindLaw.com - Ohio Revised Code Title XIII. Commercial Transactions § 1303.66 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xiii-commercial-transactions/oh-rev-code-sect-1303-66/

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