Arizona § 47-3604 - Discharge by cancellation or renunciation

Full text of Arizona Arizona Revised Statutes § 47-3604 — Discharge by cancellation or renunciation, with citation guidance and answers to common questions.

§ 47-3604. Discharge by cancellation or renunciation

A. A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument:

1. 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 party's signature or the addition of words to the instrument indicating discharge; or

2. By agreeing not to sue or otherwise renouncing rights against the party by a signed writing.

B. Cancellation or striking out of an indorsement pursuant to subsection A does not affect the status and rights of a party derived from the indorsement.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 47-3604

What does Arizona Revised Statutes § 47-3604 cover?

Section 47-3604 ("Discharge by cancellation or renunciation") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 47-3604?

A common citation format is "Arizona Revised Statutes § 47-3604" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 47-3604 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.