Feds sue auto repair shop that paid former employee in pennies
nbcnews.com
nbcnews.com
Hopefully the fine will be enough close the business. This guy gives bosses a bad name.
The "pennies" page was taken down earlier today but don't worry (http://web.archive.org/web/20210822161735/https://aokwalker....)
how does archive.org work exactly? do they have crawlers scouring the web 24/7?
If paying in pennies is illegal, then we should simply abolish the penny because it’s not with the time or effort.
The Coinage Act of 1965, specifically Section 31 U.S.C. 5103, states: "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."
Now, private businesses can refuse to take cash before they render a service. But my understanding is that US tender must be accepted for all debts.
Some rationale I can think of probably that's unnecessarily burdensome on the person being paid to convert it into useful denominations.
There is also the very real possibility that the person receiving the pennies, that could weigh any amount, has no ability to transport the payment.