If you are in the States I can explain it to you up to and including back until 1791. If not, I don't think it works unless you controlled a VESSEL in the States. :-D
This isn't worth your time....but it started with Clause 9 of the Judiciary Act of 1791, includes the Legal Tender Acts of 1862 and 1864, which made the language of Section 16 of the Federal Reserve Act necessary. It changed slightly in 1933, 1964, and finally in 1971. Its access to sovereign money pursuant to 31 USC 5115.
Scott Duncan, I was reading the Check 21/act and I see it is applicable to United States dollars...further research shows that there is no statutory definition of USDs. That would make the Act outright theft and operating under the Color of Law...do you have anything to add to this statement??
Yeah, like everything else, I have to research this further. It is ironic, because I do not "sign" checks. I stopped doing that a couple years ago. I simply write ONLY DEPOSIT REAL LAWFUL MONEY TO ACCT # - So, I may have been doing that incorrectly then. One interesting thing the audio mentioned was the "signature card". I do not get "paychecks". All of that is direct deposit, so I need to go to payroll and review what I have on "file" with that dept.