{"identifier":"/us/usc/t31/s5115","title":31,"num":"\u00a7\u202f5115.","heading":"United States currency notes","text":"\u00a7\u202f5115.\nUnited States currency notes\n(a) The Secretary of the Treasury may issue United States currency notes. The notes\u2014\n(1) are payable to bearer; and\n(2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes.\n(b) The amount of United States currency notes outstanding and in circulation\u2014\n(1) may not be more than $300,000,000; and\n(2) may not be held or used for a reserve.","url":"https://projectusc.org/usc/t31/s5115.html","content":[{"t":"sec","id":"/us/usc/t31/s5115","children":[{"t":"num","text":"\u00a7\u202f5115."},{"t":"heading","text":"United States currency notes"},{"t":"subsec","id":"/us/usc/t31/s5115/a","children":[{"t":"num","text":"(a)"},{"t":"chapeau","text":" The Secretary of the Treasury may issue United States currency notes. The notes\u2014"},{"t":"para","id":"/us/usc/t31/s5115/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" are payable to bearer; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t31/s5115/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" shall be in a form and in denominations of at least one dollar that the Secretary prescribes.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t31/s5115/b","children":[{"t":"num","text":"(b)"},{"t":"chapeau","text":" The amount of United States currency notes outstanding and in circulation\u2014"},{"t":"para","id":"/us/usc/t31/s5115/b/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" may not be more than $300,000,000; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t31/s5115/b/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" may not be held or used for a reserve.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}