TOPIC: Louisiana outlaws cash

Louisiana outlaws cash 12 years 11 months ago #48089

CAT*FIN*k
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That's right the legislator snuck this thru. It is against the law now to buy or sell used merchandice with cash in LA. www.klfy.com/story/15717759/second-hand-dealer-law
If they get away with this it will spread to other states. Maybe I should have posted in the NBR but since the FG hobby and many others revolve around used stuff I thought I'ld pass this on here. If it gets moved no prob.

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Re:Louisiana outlaws cash 12 years 11 months ago #48121

classicfins Offline Contributing Member Posts: 755 Karma: 26 Thank you received: 0	Louisiana Sucks.. I know.. I've lived here for 48 years. It's ridiculous. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
	Please Log in or Create an account to join the conversation. Some people are like slinkies... Not much good for anything, but they sure are fun to push down the stairs.

Re:Louisiana outlaws cash 12 years 11 months ago #48129

Tempest Offline Junior Boarder Posts: 67 Karma: 3 Thank you received: 0	Well we know a lot of business don't report all there cash sales. I suspect cash sales will still continue anyways.. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Re:Louisiana outlaws cash 12 years 11 months ago #48131

Neil Offline Platinum Boarder Posts: 1997 Karma: 65 Thank you received: 1	Am I reading this right? Are there pawn shops in La.? That would be no cash transactions at a pawn shop? What lawmaker in their right mind would agree to that? Neil Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
	Please Log in or Create an account to join the conversation. Neil and Mary Ousnamer

Re:Louisiana outlaws cash 12 years 11 months ago #48166

robert-lorigan Offline Platinum Boarder Posts: 2524 Karma: 60 Thank you received: 4	This need s to be repealed, FAST. I thought Pennsylvania was bad. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Re:Louisiana outlaws cash 12 years 11 months ago #48210

63 Sabre Offline Contributing Member Posts: 4676 Karma: 147 Thank you received: 167	That must mean all the ladies of the evening in New Orleans will have to cary portable card readers. Attachments: Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Re:Louisiana outlaws cash 12 years 11 months ago #48213

jepstr67 Offline Contributing Member Posts: 649 Karma: 13 Thank you received: 1	I know LA kind of makes up rules, but it does say, legal tender for all debts public and private, right on the money. I think the US supreme court might need to get involved here. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Re:Louisiana outlaws cash 12 years 11 months ago #48845

CAT*FIN*k
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63 Sabre wrote:

That must mean all the ladies of the evening in New Orleans will have to cary portable card readers.

The transaction you refer to might be argued to be a rental not a sale. Now "Pretty Woman" you could argue that he took possestion.

The intent of the law was to stop the stealing of scrap metal. I don't see it? I see a bunch of small business and flea markets closing. Also it gives a financial institute a cut of the transaction, making our dollars worth less.