Government Code § 2116.101

Text of section effective on September 01, 2026 Sec. 2116.101. LEGAL TENDER. (a) To the extent authorized by Section 10, Article I, United States Constitution, gold and silver specie that meet the requirements of this section are legal tender in this state. (b) To be legal tender in this state, gold and silver specie: (1) must be imprinted, stamped, or otherwise marked with the specie's weight and purity and may be imprinted, stamped, or otherwise marked with a name or symbol that identifies a refiner or mint of the specie; and (2) except for the information described by Subdivision (1), may not be imprinted, stamped, or otherwise marked with any name, symbol, or other information or design, including any suggestion that the specie has been minted or issued by a government. (c) This section does not: (1) restrict the electronic transfer of gold and silver specie or gold and silver currency as legal tender for the payment of a debt; (2) apply to United States coins or currency issued or recognized under federal law; or (3) prohibit or limit the legal tender, acceptance, or use of Federal Reserve notes in the payment of a debt. (d) A person may not be required to offer or accept gold and silver specie or gold and silver currency as legal tender for the payment of a debt, for deposit, or for any other purpose. Added by Acts 2025, 89th Leg., R.S., Ch. 1176 (H.B. 1056), Sec. 1, eff. September 1, 2026.