Quote Originally Posted by froze25 View Post
could you provide a link to the page that says that FRNs are dual purpose and serve as USN's? I can only find that FRN's serve the same function as USN's but not that they are dual purpose or that they may act as USN's. On there website. http://www.treasury.gov/resource-cen...al-tender.aspx
Froze...I don't think there is a statute or reg or decision that specifically call this out. I think this is where metaphysics comes into play. If the FRN's are discharged by notice & demand then they would essentially be treated as USN's.

The questions I would ask then is: can my demand be considered inherent and my notice is this conversation.