Recognizes bullion as legal tender in West Virginia and sets rules for its use.

This bill recognizes bullion as legal tender in West Virginia, allowing it to be used for payment of debts and obligations. It defines "bullion" as gold or silver meeting certain standards and weights, and "bullion depository" as an entity storing bullion in the U.S. The Treasurer is tasked with designating depositories, ensuring they comply with laws, and reviewing bullion amounts held. The bill also outlines the Treasurer's duties, including proposing rules for bullion depositories and electronic payment systems.

Recognizes bullion as legal tender in West Virginia and sets rules for its use.

This bill recognizes bullion as legal tender in West Virginia, allowing it to be used for payment of debts and obligations. It defines "bullion" as gold or silver meeting certain standards and weights, and "bullion depository" as an entity storing bullion in the U.S. The Treasurer is tasked with designating depositories, ensuring they comply with laws, and reviewing bullion amounts held. The bill also outlines the Treasurer's duties, including proposing rules for bullion depositories and electronic payment systems.