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Thread: Currently being denied my deposit with demand to redeem lawful money

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  1. #20
    Quote Originally Posted by JohnnyCash View Post
    If it's helpful to anyone - in all my years redeeming Lawful Money the bank has never denied or rejected a "restrictive endorsement" check. Each was accepted and I had available lawful money.
    Let me be clear.

    Anyone using that stamp is going beyond the authority of 12 USC 411.

    12 USC 411 only authorizes one to demand lawful money.

    Perhaps it is "never denied or rejected" because it is being ignored, since it is NOT a demand, and therefore not restrictive at all.

    BTW: Calling me "fakesuitor" is quite childish, don't you think? Grow up!

    Last edited by doug555; 01-26-15 at 11:04 PM.

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