Requiring Banks to Offer Gold and Silver Deposits

Introduced in the Georgia General Assembly

B 416 – “Sound Money In Banking Act”; require any bank serving as a depository for the state to offer/accept gold and silver coin for deposit

A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide a short title; to provide legislative findings; to define certain terms; to require any bank or lending institution serving as a depository for the state or any department or agency of the state to offer and to accept gold and silver coin for deposit; to provide for related matters; to repeal conflicting laws; and for other purposes.

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