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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (398923)	12/30/2009 7:27:03 PM
From: Secret_Agent_Man	2 Recommendations Read Replies (1) \| Respond to of 436258

Just a short reading....a bill/act from Georgia, effective jan. first 2010.... " The General Assembly further finds that Article I, Section 10 of the United States Constitution provides that no state shall make anything but gold and silver coin a tender in payment of debts." ----------------------- Banks and lending institutions chartered by the state pursuant to this title, and any bank or lending institution serving as a depository for the state or any department or agency of the state, shall offer gold and silver coins minted by the United States to, and shall accept them for deposit from, the state and other customers. ------------------------- (a) Banks and lending institutions designated in Code Section 7-9-3 shall offer accounts denominated in: (1) Federal Reserve Accounting Unit Dollar accounts; (2) Pre-1965 silver accounts; (3) Silver eagle accounts; and (4) Gold eagle accounts. --------------------- The General Assembly finds that, as mandated by Article I, Section 10 of the United States Constitution, the state shall not make anything but gold and silver coins as tender in payment of debts. Federal Reserve Accounting Unit Dollars, having no redeeming value in gold or silver coin, shall not be made a tender in payment of debts by the state. check this.. legis.state.ga.us 0/versions/hb430_LC_21_0297_a_2.htm constitutionaltender.com