Tennessee SB1827 amends the definition of precious metals and establishes precious metal coins as legal tender.
Tennessee SB1827 amends the definition of precious metals to include gold and silver. It also establishes precious metal coins as legal tender in the state. The bill defines "precious metal" as gold and silver and "coin" as precious metal fabricated into a product of uniform shape, size, design, content, weight, and purity. The act takes effect upon becoming law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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