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To: 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.

Yes, they can. Bills are "legal tender" and must be accepted in any denomination (if you accept cash at all), but coins, while they have value, are not "legal tender".

22 posted on 03/08/2007 8:17:01 AM PST by kevkrom (WARNING: The above post may contain sarcasm... if unsure, please remember to use all precautions)
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To: kevkrom

>>Yes, they can. Bills are "legal tender" and must be accepted
>>in any denomination (if you accept cash at all), but coins,
>>while they have value, are not "legal tender".

Coins are legal tender according to the United States Coinage Act of 1965.

"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."

If you have a different reference in federal code please provide it.


89 posted on 03/08/2007 10:11:15 AM PST by NYorkerInHouston
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To: kevkrom
Yes, they can. Bills are "legal tender" and must be accepted in any denomination (if you accept cash at all), but coins, while they have value, are not "legal tender".

The Coinage Act of 1965 states thats all US coins in any quantity are "legal tender".

111 posted on 03/08/2007 5:07:07 PM PST by Zack Attack
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