[Keith in Iowa]

The business is free to refuse to accept the payment....and I hope they do.

[mysterio]

Good for him.

[Abathar]

Can they? Unless it's stated in the contract I don't think they can legally refuse currency because it happens to be in small denominations, the first time that is.

If they send out a notice after that then thats a different story.

[ContemptofCourt]

The local McDonald's around the corner will not accept change for payment...i.e., you can't pay for your value meal with just change. The drunks that bring in their change for a meal always get po'd when the cashier won't take their money.

[JohnnyZ]

The business is free to refuse to accept the payment....

Fine. They can be out $526 then, as far as I'm concerned.

[GeorgefromGeorgia]

Most states have statutes that allow a payee to refuse to accept a certain number of pennies as a cash payment.

[Stone Mountain]

The business is free to refuse to accept the payment....and I hope they do.

They are? Isn't currency legal tender for all debts? (or words to that effect)

[suijuris]

The business is free to refuse to accept the payment....and I hope they do.

No they are not. It is legal tender to apy a debt, unless the contract expressly states a specific type of payment.

[WLR]

Not if the coins are rolled.

W

[jerry639]

The business is free to refuse to accept the payment....and I hope they do.

They can refuse to accept the payment??? Since when have pennies not been legal tender in the U.S. In Illinois it might be so but if you want payment of a debt in the State of Indiana you best not refuse to take payment.

[SwordofTruth]

"The business is free to refuse to accept the payment....and I hope they do."

Considering the metal value of pennies today they would be fools if they did. This guy just overpaid his power bill by a significant amount without even realizing it. I'll take pennies and nickels as payment any day. Heck I prefer it!