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United States Code states:
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened-
Shall be fined under this title or imprisoned not more than five years, or both.
(United States Code, Title 18, Part I, Chapter 17, § 331)
However, like all law, this is open to interpretation. For example, the word "fraudulently" in the above clause seems to make it clear that this law is only talking about those who destroy US currency for the purpose of committing some sort of fraud, such as counterfeit. This is the way that most people have interpreted this law, and it has not really ever been officially challenged yet in court. For example, there has never been any federal discussion on the legality of penny-flattening machines, as they have never been claimed to be committing fraud. And I've never yet seen anybody going to jail for accidentally tearing a US Federal Reserve Note (paper money).
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Is tickling for money illegal?
Yes, that's called stealing. Stealing is illegal.
Is it illegal to eat money?
Sort of...well who would want to eat money anyway!?
Is it illegal to send money through the mail and be added to a mailing list in order to receive money in return?
That would count as a pyramid scheme, and is illegal(not to mention immoral) in many places.
Why was marijuana illegalized?
People can say what they want about Marijuana but this is the exact reason it was scheduled in the USA Mexico was making a lot more money on Marijuana in the early 20s and thirties so the USA made it illegal. Then used propaganda to support wrong claims.
Is it illegal to have no money in your pocket?
In fact it is illegal in many places, we call it vagrancy...in someways it might be considered a justifiable law, for example, why would you go into a grocery store without any money?
How much money are Glofish?
£1,000,000 in Britain because they are illegal but $5 in USA
Is it illegal to withhold money out of a circulation?
The right to property entails that a person will deal with his or her money as he or she pleases, subject, of course, to any positive legal duty - such as not to deface or tear the money, or to keep any amounts above a certain thereshold in a bank etc.
What are the effects of illegal drug money on economy of a country?
Illegal drug money keeps money out of the economy of the country. The government can not tax illegal drug money.
If a money order has a tear in it is it still good?
A torn money order can still be utilized for business transactions especially if it is a single tear. You can replace your money order by taking the torn pieces to a bank.
Is it illegal to beg for money on the street?
Is it illegal to mug someone.
Is it illegal to print fake money for marketing purposes?
Yes, it is illegal! Whether you would be prosecuted is another matter.
Is it illegal to save money?
No
Is it illegal to carry no money?
No.
What are the release dates for The Tear That Burned - 1914?
The Tear That Burned - 1914 was released on: USA: 8 November 1914
What are the release dates for The Tear on the Page - 1915?
The Tear on the Page - 1915 was released on: USA: 7 June 1915
Why is money made from cotton?
Because cotton absorbs water and if it where made from paper your money would tear
What are the release dates for Tear - 2005?
Tear - 2005 was released on: USA: 8 December 2005 (Hollywood DV Festival)
