Advocatetanmoy Law Library

Legal Database

Title 1. General Provisions
Title 2. The Congress
Title 3. The President
Title 4. Flag and Seal, Seat of Government, and the States
Title 5. Government Organization and Employees
Title 6. Domestic Security
Title 7. Agriculture
Title 8. Aliens and Nationality
Title 9. Arbitration
Title 10. Armed Forces
Title 11. Bankruptcy
Title 12. Banks and Banking
Title 13. Census
Title 14. Coast Guard
Title 15. Commerce and Trade
Title 16. Conservation
Title 17. Copyrights
Title 18. Crimes and Criminal Procedure
Title 19. Customs Duties
Title 20. Education
Title 21. Food and Drugs
Title 22. Foreign Relations and Intercourse
Title 23. Highways
Title 24. Hospitals and Asylums
Title 25. Indians
Title 26. Internal Revenue Code
Title 27. Intoxicating Liquors
Title 28. Judiciary and Judicial Procedure
Title 29. Labor
Title 30. Mineral Lands and Mining
Title 31. Money and Finance
Title 32. National Guard
Title 33. Navigation and Navigable Waters
Title 35. Patents
Title 36. Patriotic and National Observances, Ceremonies, and Organizations
Title 37. Pay and Allowances of the Uniformed Services
Title 38. Veterans' Benefits
Title 39. Postal Service
Title 40. Public Buildings, Property, and Works
Title 41. Public Contracts
Title 42. The Public Health and Welfare
Title 43. Public Lands
Title 44. Public Printing and Documents
Title 45. Railroads
Title 46. Shipping
Title 47. Telecommunications
Title 48. Territories and Insular Possessions
Title 49. Transportation
Title 50. War and National Defense
Title 51. National and Commercial Space Programs
Title 52. Voting and Elections
Title 54. National Park Service and Related Programs

1694 CE

What is Legal Tender and the Promise to Pay

6 min read

BANKING

What is Legal Tender and the Promise to Pay

In order to fulfil its promise to its customers - the promise to pay - the Bank must ensure that the currency maintains as stable a level as possible, in other words, that the value of its notes is...