Definitions.

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9-4-1302. Definitions.

(a) As used in this article:

(i) "Legal tender" means a recognized medium of exchange for the payment of debts and taxes;

(ii) "Specie" means:

(A) Coin having gold or silver content; or

(B) Refined gold or silver bullion which is coined, stamped or imprinted with its weight and purity and valued primarily based on its metal content and not its form.


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