Issuance of circulating obligations of less than $1

18 U.S.C. § 336
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Whoever makes, issues, circulates, or pays out any note, check, memorandum, token, or other obligation for a less sum than $1, intended to circulate as money or to be received or used in lieu of lawful money of the United States, shall be fined under this title or imprisoned not more than six months, or both.

Starting a business? Corpus forms LLCs in all 50 states and DC.