T67CH99
Title 67 > T67CH99
Sections (3)
67-9901
TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS CHAPTER 98 [99] IDAHO CONSTITUTIONAL MONEY ACT OF 2025 67-9801 [67-9901]. SHORT TITLE. This act shall be known and may be cited as the Idaho Constitutional Money Act of 2025. History: [67-9801 [67-9901], added 2025, ch. 107, sec. 2, p. 566.]
67-9902
TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS CHAPTER 98 [99] IDAHO CONSTITUTIONAL MONEY ACT OF 2025 67-9802 [67-9902]. DEFINITIONS. For the purposes of this chapter, the following terms have the following definitions: (1) Debt means any public or private obligation, tax or other public charge, or other provision in any contract, agreement, law, or regulation that requires and stipulates the payment of, or by the terms of which is payable in, some medium of exchange, currency, or money. (2) Entity means the state of Idaho, corporations, partnerships, trusts, labor unions, and unincorporated associations that reside or transact business or other operations within the state of Idaho. (3) Gold and silver coin means all such gold and silver coin as are allowable for a state: (a) To make… a tender in payment of debts under the authority reserved to the several states in clause 1, section 10, article I of, and the tenth amendment to, the constitution of the United States; or (b) To employ as its own medium of exchange in the performance of its sovereign governmental functions. (4) Legal tender means a medium of exchange, currency, or money that may be offered and accepted for the satisfaction of debts under the laws of the state of Idaho or of the United States, as the case may be. (5) Person means all natural persons. (6) Specie means: (a) Stamped or imprinted coin having gold or silver content; or (b) Refined gold or silver bullion that is coined, stamped, or imprinted with its weight and purity and valued primarily based on its metal content and not its form. (7) State means the state of Idaho and all departments, agencies, officials, and employees thereof. History: [67-9802 [67-9902], added 2025, ch. 107, sec. 2, p. 566.]
67-9903
TITLE 67 STATE GOVERNMENT AND STATE AFFAIRS CHAPTER 98 [99] IDAHO CONSTITUTIONAL MONEY ACT OF 2025 67-9803 [67-9903]. gold and silver coin and specie. (1) To the full extent allowed by clause 1, section 10, article I of, and the tenth amendment to, the constitution of the United States, gold and silver coin and specie minted domestically shall be legal tender in the state of Idaho under the laws of this state. The state may also elect to use gold and silver coin and specie in conducting its business. (2) Unless expressly provided by statute or by contract, no person or other entity may compel another person or other entity to tender or accept gold or silver coin or specie unless agreed upon by the parties. History: [67-9803 [67-9903], added 2025, ch. 107, sec. 2, p. 567.]