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What is lawful money?

  • Wealth Guranted
  • Oct 27
  • 1 min read

Lawful money refers to non-taxable currency issued by the US treasury. This includes United States notes, which are created when federal reserve notes are redeemed for lawful only per 12 USC 411. Any money that has been redeemed under 12 USC § 411 is considered non-taxable by federal law

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