Oregon Revised Statutes Chapter 73 § 73.0601 — Discharge and effect of discharge
Oregon Revised Statutes Chapter 73 ·
Oregon Code § 73.0601·Enacted ·Last updated March 01, 2026
Statute Text
Discharge and effect of discharge.
(1) 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 which would discharge an
obligation to pay money under a simple contract.
(2) 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. [1993
c.545 §67]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 73.0601
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Discharge and effect of discharge. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 73.0601. Use this format in legal documents and court filings.
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