We’re being just a bit careful with this one – but we think that you will know what we’re talking about
My own exemption I.D. – AB 12 34 56 C– is valid under UCC 3-104(F): any bank draft or promissory note underwritten by :xxxxx xxxxx; stands equivalent to a bank cheque.
As such any draft or note, duly issued and endorsed, is to be treated as a Treasury-backed ‘non-clearing item’ fit to be securitized or monetized via a commercial checking, time, thrift or savings account by virtue of Title 12 of the United States Code Section 1813 (1) (1).
The narrow view, that money is limited to legal tender, is here rejected under Section 1-201 (24) of the Uniform Commercial Code, and this provision is not limited to the United States of America.
Stated sincerely, without frivolity and with clean hands by
: xxxxx xxxxx – livingstone in the family xxxxx
underwritten this day – _______________ at your address by xxxxx xxxxx the secured party creditor of XXXXX XXXXX