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. Foreign gold or silver coins are not legal tender for debts.
31 U.S.C. § 5103
|HISTORICAL AND REVISION NOTES 1982 ACT|
|Revised Section||Source (U.S. Code)||Source (Statutes at Large)|
|5103||31:392.||July 23, 1965, Pub. L. 89-81, §102, 79 Stat. 255.|
1983 ACTThis restores to 31:5103 the reference to public charges, taxes, and dues because they are not considered to be debts. See, Hagar v. Reclamation District No. 108, 111 U.S. 701, 706 (1884).
AMENDMENTS1983- Pub. L. 97-452 inserted ", public charges, taxes, and dues" after "all debts".
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 1983 AMENDMENT Amendment effective Sept. 13, 1982, see section 2(i) of Pub. L. 97-452 set out as a note under sectionof this title.