30-3-605. Discharge by cancellation or renunciation
30-3-605. Discharge by cancellation or renunciation. (1) A person entitled to enforce an instrument may, with or without consideration, discharge the obligation of a party to pay the instrument: (a) by an intentional voluntary act, such as surrender of the instrument to the party; destruction, mutilation, or cancellation of the instrument; cancellation or striking out of the […]
30-3-606. Repealed
30-3-606. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-606, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-606.
30-3-607. Discharge of indorsers and accommodation parties
30-3-607. Discharge of indorsers and accommodation parties. (1) For the purposes of this section, the term “indorser” includes a drawer having the obligation stated in 30-3-423(3). (2) Discharge of the obligation of a party to the instrument under 30-3-605 does not discharge the obligation of an indorser or accommodation party having a right of recourse against the […]
30-3-701. Repealed
30-3-701. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-701, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-701.
30-3-801. Repealed
30-3-801. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-801, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-801.
30-3-802. Repealed
30-3-802. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-802, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-802.
30-3-803. Repealed
30-3-803. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-803, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-803.
30-3-804. Repealed
30-3-804. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-804, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-804.
30-3-805. Repealed
30-3-805. Repealed. Sec. 230, Ch. 410, L. 1991. History: En. Sec. 3-805, Ch. 264, L. 1963; R.C.M. 1947, 87A-3-805.
30-3-604. Tender of payment
30-3-604. Tender of payment. (1) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument, the effect of tender is governed by principles of law applicable to tender of payment under a simple contract. (2) If tender of payment of an obligation to pay an instrument […]