10-21-2011, 02:28 PM
cbelt3 wrote: Say WHAT ? So In Louisiana, those bank notes are NOT valid for "all Debts, Public or Private" ?Purchasing something is not a debt. Contrary to popular belief, a retailer does not have to accept something just because it says Legal Tender on it.
However, regardless of lack of relevance of the Legal Tender thing -- when it is working the other way around, I don't see how the state can tell retailers that they cannot use cash to conduct their business. I think this will die in the courts.