Statutes > New York Statutes > UCC - Uniform Commercial Code > Article 3 - COMMERCIAL PAPER > Part 6 - (3-601 - 3-606) DISCHARGE > 3-602 - Effect of Discharge Against Holder in Due Course.

3-602 - Effect of Discharge Against Holder in Due Course.

Section 3--602. Effect of Discharge Against Holder in Due Course.    No  discharge  of  any  party  provided  by  this Article is effective  against a subsequent holder in due course unless he has  notice  thereof  when he takes the instrument.