AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jun 6, 2011 22:48:12 GMT -5
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Deleted
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Post by Deleted on Jun 6, 2011 22:50:44 GMT -5
I saw this. Understand the guy's feelings. As far as I know pennies are still money.......
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Deleted
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Post by Deleted on Jun 6, 2011 22:52:10 GMT -5
I will say, though, when the banks were being tortured over no qualify loans by the "penny" people, that really pissed me off, and had bad consequences. Maybe I should think twice..........
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❤ mollymouser ❤
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Post by ❤ mollymouser ❤ on Jun 6, 2011 23:14:34 GMT -5
I did some legal research on this once (because I was annoyed and wanted to pay someone in pennies) and it turns out that, for the most part, pennies can be rejected.
I was rather disappointed.
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EVT1
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Post by EVT1 on Jun 6, 2011 23:18:16 GMT -5
I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "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."
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.]www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspxI think it would depend on policy- if there is no policy and you show up to pay a debt it would be wise for them not to refuse payment. I remember reading about a real estate closing where one of the parties showed up with cash and the other party refused to accept thereby breaching the contract.
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floridayankee
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Post by floridayankee on Jun 7, 2011 7:07:26 GMT -5
While US currency/coins are legal tender for all debts, public charges, taxes and dues, there is no federal statute mandating a person or business to even accept cash of any kind. Cashless businesses slowly catch onWe had a driver come in with payment for an invoice he had delivered. The payment included $110 in unrolled (and uncounted) quarters. He was still fairly new so I cut him a break...this time. I told him if he ever accepts that much unrolled change again, he better stop at the bank before he comes in to my office because I would not accept it again.
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ugonow
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Post by ugonow on Jun 7, 2011 7:11:05 GMT -5
VERNAL, Utah (AP) — A Utah man has been cited on a charge of disorderly conduct after paying for a disputed medical bill with 2,500 pennies. The Deseret News of Salt Lake City reports Jason West went to Basin Clinic in Vernal on May 27 prepared to dispute an outstanding $25 bill. Assistant Vernal Police Chief Keith Campbell says that after asking staff members whether they accepted cash, West dumped 2,500 pennies on the counter and demanded that staff count them. Campbell says the incident upset staff because pennies were strewn about the counter and floor, and West's action served "no legitimate purpose". Police later issued the 38-year-old West a citation for disorderly conduct. That carries a fine of as much as $140, or 14,000 pennies. Read more: www.jamaicaobserver.com/news/In-for-a-penny_8975125#ixzz1OajM9DXv
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jun 7, 2011 8:17:08 GMT -5
VERNAL, Utah (AP) — A Utah man has been cited on a charge of disorderly conduct after paying for a disputed medical bill with 2,500 pennies. The Deseret News of Salt Lake City reports Jason West went to Basin Clinic in Vernal on May 27 prepared to dispute an outstanding $25 bill. Assistant Vernal Police Chief Keith Campbell says that after asking staff members whether they accepted cash, West dumped 2,500 pennies on the counter and demanded that staff count them. Campbell says the incident upset staff because pennies were strewn about the counter and floor, and West's action served "no legitimate purpose". Police later issued the 38-year-old West a citation for disorderly conduct. That carries a fine of as much as $140, or 14,000 pennies. Read more: www.jamaicaobserver.com/news/In-for-a-penny_8975125#ixzz1OajM9DXvSo, it wasn't merely that he paid with pennies, it was his overall conduct. That does actually make sense. Just because I accept pennies, doesn't mean you can throw them at me, or them all out all over my counter.
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jkapp
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Post by jkapp on Jun 7, 2011 8:25:47 GMT -5
He should pay his police fine in pennies too... Of course, pretty soon I figure he's going to run out of pennies...
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fairlycrazy23
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Post by fairlycrazy23 on Jun 7, 2011 8:41:53 GMT -5
Sounds like an A#$@hole
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jun 7, 2011 9:19:58 GMT -5
Sounds like a guy that's fed up with being abused by a health care system where the "process" is more important than the people.
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❤ mollymouser ❤
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Post by ❤ mollymouser ❤ on Jun 7, 2011 11:08:46 GMT -5
When I couldn't pay my bill in pennies, I paid in a nice stack of $1 bills.
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