Colorado § 11-61-101 - Gold and silver coin a legal tender.
Full text of Colorado Colorado Revised Statutes § 11-61-101 — Gold and silver coin a legal tender., with citation guidance and answers to common questions.
§ 11-61-101. Gold and silver coin a legal tender.
The gold and silver coin issued by the government of the United States shall be a legal tender for the payment of all debts contracted on or after April 5, 1893, between the citizens of this state. The same shall be received in payment of all debts due to the citizens of this state and in satisfaction of all taxes levied by the authority of the laws of this state.
Source: L. 1893: p. 306, § 1. R.S. 08: § 3941. C.L. § 3817. CSA: C. 98, § 1. CRS 53: § 83-2-1. C.R.S. 1963: § 83-2-1.
ANNOTATION
Federal reserve notes are legal tender for all debts. State statute on legal tender cannot prohibit acceptance of federal reserve notes because Congress has the power to declare what is legal tender for all debts and it has done so by delegation to the federal reserve system. Walton v. Keim, 694 P.2d 1287 (Colo. App. 1984).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-61-101
What does Colorado Revised Statutes § 11-61-101 cover?
Section 11-61-101 ("Gold and silver coin a legal tender.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 11-61-101?
A common citation format is "Colorado Revised Statutes § 11-61-101" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 11-61-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.