Quote Originally Posted by Keith Alan View Post
I don't know. The 'what' that is being redeemed could be FRN, or it could be those who use FRN, or both.

As to the reason they are being redeemed, again I don't know. It can be presumed the reason is for providing for moving between jurisdictions, or moving out of a jurisdiction altogether.

The means is apparently the act of making demand. It does not say whether the demand be in writing or if it may be made orally.
Can 'FRNs' be redeemed without use of a 'person' [cf. transmitting utility]?