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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 51— COINS AND CURRENCY · SUBCHAPTER I— MONETARY SYSTEM · § 5103

§ 5103. Legal tender

192 words·~1 min read·/usc/title-31/section-5103

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 980; Pub. L. 97–452, § 1(19), Jan. 12, 1983, 96 Stat. 2477.)
The words “All . . . regardless of when coined or issued” are omitted as unnecessary because of the restatement. The word “debts” is substituted for “debts, public and private” to eliminate unnecessary words. The words “public charges, taxes, duties, and dues” are omitted as included in “debts”.
1983 Act
This restores to 31:5103 the reference to public charges, taxes, and dues because they are not considered to be debts. See, Hagar v. Reclamation District No. 108, 111 U.S. 701, 706 (1884).
Connections18 cite this · traces to 1
6 references not yet in our index
  • Pub. L. 97–258
  • 96 Stat. 980
  • Pub. L. 97–452, § 1(19)
  • 96 Stat. 2477
  • Pub. L. 97–452
  • section 2(i) of Pub. L. 97–452
Citation graph
cites case law
§ 5103
Legal tender
Fed. Reg.×12
U.S.C.×6
Pub. L.Pub. L. 97–258
Stat.96 Stat. 980
Pub. L.Pub. L. 97–452, § 1(19)
Stat.96 Stat. 2477
Pub. L.Pub. L. 97–452
Cites 7 · showing 6Cited by 18 across 2 sources
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