$2 bill at Taco Bell *funny*
Joined: Oct 2000
Posts: 44,908
Likes: 0
From: Location Location
Originally posted by XSrcing
but they are not required to carry change for large bills. so you can hand them a $100, but if they only keep $50 on hand at night, your SOL.
but they are not required to carry change for large bills. so you can hand them a $100, but if they only keep $50 on hand at night, your SOL.
yeah and that was not my point.
__________________
'00 Dakar Bus CRS Edition
LCD Squad #0001
'00 Dakar Bus CRS Edition
LCD Squad #0001
Originally Posted by WiLL
...I really wanna get out and shoot people.
Better Than Canada!
Joined: Dec 2002
Posts: 10,821
Likes: 0
From: Baltimore, MD
Originally Posted by DaKarMaul
BTW the places that says they wont take $100 or $50 it's against the law.
Fed law I believe, which says you must accept Legal Tender.
Doesn't matter if it's $50/$100 or even a $10,000 bill.
Fed law I believe, which says you must accept Legal Tender.
Doesn't matter if it's $50/$100 or even a $10,000 bill.
Check this site for more info. http://www.treas.gov/education/faq/c...ender.shtml#q1
"The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 102. This is now found in section 392 of Title 31 of the United States Code. The law says that: "All coins and currencies of the United States, regardless of when coined or issued, shall be legal-tender for all debts, public and private, public charges, taxes, duties and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy."
