Fla. Stat. 673.6041
Discharge by cancellation or renunciation

(1)

A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument: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
Addition of words to the instrument indicating discharge; or
By agreeing not to sue or otherwise renouncing rights against the party by a signed writing.

(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 party’s signature; orAddition of words to the instrument indicating discharge; or
1. Surrender of the instrument to the party;
2. Destruction, mutilation, or cancellation of the instrument;
3. Cancellation or striking out of the party’s signature; or
4. Addition of words to the instrument indicating discharge; or

(b)

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

(2)

Cancellation or striking out of an indorsement pursuant to subsection (1) does not affect the status and rights of a party derived from the indorsement.

Source: Section 673.6041 — Discharge by cancellation or renunciation, https://www.­flsenate.­gov/Laws/Statutes/2024/0673.­6041 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 673.6041. Discharge by cancellation or renunciation's source at flsenate​.gov