Section 8-5-1 – Action on Instrument Issued to Circulate as Money Without Authority; Interest on Same.

Section 8-5-1 Action on instrument issued to circulate as money without authority; interest on same. Every bill of exchange, note, bond, or instrument of any description, whatever may be its form or device, issued with the intent to circulate as money without authority of law, is an absolute, unconditional promise of the association or person […]

Section 8-5-2 – Issuance of Change Bills, etc., by Corporations Prohibited.

Section 8-5-2 Issuance of change bills, etc., by corporations prohibited. No corporation doing business in this state shall pay out, by its agents or officers, any change bills, notes, or paper issued without authority of law, the circulation or passing of which is prohibited by the laws of this state; and if such corporation allows […]