Title 31 › Subtitle SUBTITLE IV— - MONEY › Chapter CHAPTER 51— - COINS AND CURRENCY › Subchapter SUBCHAPTER II— - GENERAL AUTHORITY › § 5115
The Treasury Secretary can issue U.S. currency notes that pay whoever holds them and come in forms and denominations of $1 or more that the Secretary decides. All of those notes in circulation together cannot exceed $300,000,000 and cannot be held or used as a reserve.
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Money and Finance — Source: USLM XML via OLRC
Legislative History
Reference
Citation
31 U.S.C. § 5115
Title 31 — Money and Finance
Last Updated
Apr 6, 2026
Release point: 119-73