Originally Posted by
catskinner
Hi David,
I started redeeming in lawful money, my payroll checks, with a new job I started the middle of January. I went to the driveup window at my bank,but the teller told me that I would have to come inside to cash it.The next teller I got was the commercial teller,she cashed it and wanted to know what I wanted back as far as notes. I told her 100s would do. The bank manager was standing behind her as she counted out the bills.
She flipped the check over and looked at it puzzled and asked me why I had endorsed it like that. I started to tell her about Title 12 sec 411 but didn't get the chance to say anything when the manager picked up the check and said "It is a restricted endorsement and it would be OK."
I was thrilled.
So it does work and I will continue demanding lawful money. My next challenge is to get a letter written to change my signature cards.
I am very interested in learning more about refusal for cause and libel of review.
Thanks Dave