Does Lawful Money Stamp Have to Be Red or Black Ink

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• Can One Send Payment to Others in Lawful Money

  No. Whomever is the recipient of the check must stamp the check themselves and redeem it in lawful money. One cannot redeem in lawful money for someone else.

• Can Cash Be Redeemed in Lawful Money

  No, and please do not stamp money, as this can potentially be considered "defacing currency" and will lead to extreme sentences and fines. This is why the need for a repository of proof regarding the redemption of lawful money is required. When ...

• Why Can’t One Get Gold for My Lawful Money Demand?

  Federal Reserve notes serve as lawful money upon demand, the bank will not give one any other kind of money: US Bank Notes, Gold Certificates, Silver Certificates, stamps or united States Postal money orders. Do not ask for any special form, many ...

• Can A Bank Refuse to Keep My Account Open Because of A ‘Lawful Money Demand’?

  No! All banks (federal, state, public) have a fiduciary responsibility to their shareholders. While there is a clause that permits the bank to close down accounts for any reason – legally they cannot exercise that option unless they are losing money ...

• Income Taxes and Lawful Money

  Under its power to borrow money, Congress is authorized by the Constitution to contract debt, and whenever something is borrowed it must be returned. When Congress spends the contracted private credit, each use of credit is debt which must be ...