Can a Texas business (a real estate management company for a condo HOA) legally refuse to accept cash in person as payment for monthly dues?
Answer
The acceptance of U.S. currency is required by Federal Law. Under federal statute one must accept cash. We have all heard of the protest tax payer who pays a tax bill with pennies.
This is not legal advice, nor should it be construed as such, nor does this represent my agreement to represent you and/or your interests.
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