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§ 5115. United States currency notes
- (a) The Secretary of the Treasury may issue United States currency notes. The notes -
- (1) are payable to bearer; and
- (2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes.
- (b) The amount of United States currency notes outstanding and in circulation -
- (1) may not be more than $300,000,000; and
- (2) may not be held or used for a reserve.
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