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Please cite the federal law.
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<p>[QUOTE="19Lyds, post: 1355590, member: 15929"]Huh? I thought that was rather funny! Maybe if you'd asked "How old IS your Mom anyway?" folks would have understood.</p><p><br /></p><p>As for the original question, I think its been answered but basically, Banks are NOT an extension of the Federal Government. They are members of the Federal Reserve System and are in fact considered private businesses.</p><p><br /></p><p>They are not even required to do business with you if they don't want to.</p><p><br /></p><p>I'm of the opinion that a lot of folks in this country feel that they are "entitled" to certain priviliges which are in fact simply privileges, not entitlements. </p><p><br /></p><p>This is why banks can charge you to order rolled coins. (Thgis is in fact "more than face value")</p><p>This is why banks will not order rolled coins for you unless you have an account with them. </p><p>This is why banks can refuse to take your pre-rolled coins if you do not have an account with them.</p><p><br /></p><p>Not all banks are like this but some are simply because its their business.</p><p><br /></p><p>The days of "Pay on Demand" are long gone.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1355590, member: 15929"]Huh? I thought that was rather funny! Maybe if you'd asked "How old IS your Mom anyway?" folks would have understood. As for the original question, I think its been answered but basically, Banks are NOT an extension of the Federal Government. They are members of the Federal Reserve System and are in fact considered private businesses. They are not even required to do business with you if they don't want to. I'm of the opinion that a lot of folks in this country feel that they are "entitled" to certain priviliges which are in fact simply privileges, not entitlements. This is why banks can charge you to order rolled coins. (Thgis is in fact "more than face value") This is why banks will not order rolled coins for you unless you have an account with them. This is why banks can refuse to take your pre-rolled coins if you do not have an account with them. Not all banks are like this but some are simply because its their business. The days of "Pay on Demand" are long gone.[/QUOTE]
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