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31 U.S.C. § 5115 — United States currency notes
submitted 44 years ago by Pub. L. 97-258 to r/title-31-MONEY-AND-FINANCE · 68 words · no verdicts yet
in plain englishAI-generated · not legal advice
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
the actual law source: uscode.house.gov ↗public domain
(a)
The Secretary of the Treasury may issue United States currency notes. The notes—
(1)
are payable to bearer; and
(2)
shall be in a form and in denominations of at least one dollar that the Secretary prescribes.
(b)
The amount of United States currency notes outstanding and in circulation—
(1)
may not be more than $300,000,000; and
(2)
may not be held or used for a reserve.
Source credit: (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 983.)
history & why it existsrecord from the source credit
- 1982Enacted · Pub. L. 97-258 · 96 Stat. 983
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-258 on 1982-09-13.
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