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Old 11-07-2015, 07:49 AM   #100
Apache
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Quote:
Originally Posted by GA Russell View Post
Regarding the legal tender issue, I think that

1) It is a federal matter, not a state matter; and

2) The relevant law would probably be either the congressional act which established the Federal Reserve System in 1913; or perhaps a second law was required in the mid-60s when the "silver certificates" were discontinued and replaced by the Federal Reserve Notes.

The dollar bill I hold in my hand says, "This note is legal tender for all debts, public and private."

Perhaps before you have purchased a book there is no debt. I would like to see an American lawyer chime in.
The problem is not that it is legal tender and the law states you have to accept it. The problem would be getting the authorities to act to force a business or person to accept the money. I find it improbable that the Secret Service would act upon such a request.
We have a local business that is stuffing flyers in mailboxes. It is considered mail fraud and definitely illegal. But, the US Post Office as a matter of course does nothing to enforce the law.
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