Quote Originally Posted by mikecz View Post

I was wandering if you could clear something up. Can I legally refuse legal tender (in this case FRNs)? I run a real estate business, rent/sell homes, and get paid in cash and check. I know tender laws are there for a reason, the main example I've seen is if someone is at a restaurant, and finishes the meal, then the owner demands to be paid in yen. The client doesn't have it, so whatever, he goes to jail. A debt is established, legal tender must be accepted.
My opinion: No.

Legal tender laws are obligations on creditors. Creditors must accept the tender of FRNs by debtors.

There is also the problem of your profession. I'm sure real estate is a "covered employment" as well as a public interest attaching thereto.

If you are incorporated, there is another latch as well.
I'm sure you are insured as well......