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31 U.S.C. § 5115

Title 31 Chapter 51 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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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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