GOVERNMENT OBLIGATIONS DISCHARGED

Making way for discharge and recovery on US Corporate public debt due the Principals and Sureties of THE UNITED STATES providing as “public policy” for the discharge of “every obligation”, “including every obligation OF and TO THE UNITED STATES”, “dollar for dollar”, allowing those backing the US financial reorganization to recover on it by discharging an obligation they owed TO THE UNITED STATES or its sub-corporate entities, against that same amount of obligation OF THE UNITED STATES owed to them (set off); thus providing the remedy for the discharge and orderly recovery of equity interest on US Corporate public debt due the Sureties, Principals, and Holders of THE UNITED STATES, discharging that portion of the public debt without expansion of credit, debt or obligation on THE UNITED STATES or these its prime-creditors it was intended to satisfy equitable remedy to, but gaining for each bearer of such note, discharge of obligation equivalent in value ‘dollar for dollar’ to any and all “lawful money of the United States”(Credit).

This is a few of the more important terms, there are many others within this section.

31 cfr § 103.11 Meaning of terms.



PART 103: FINANCIAL RECORDKEEPING AND REPORTING OF CURRENCY AND FOREIGN TRANSACTIONS



Subpart A: Definitions



When used in this part and in forms prescribed under this part, where not otherwise distinctly expressed or manifestly incompatible with the intent thereof, terms shall have the meanings ascribed in this section.

(a) Accept. A receiving financial institution, other than the recipient's financial institution, accepts a transmittal order by executing the transmittal order. A recipient's financial institution accepts a transmittal order by paying the recipient, by notifying the recipient of the receipt of the order or by otherwise becoming obligated to carry out the order.





(b) Bank. Each agent, agency, branch or office within the United States of any person doing business in one or more of the capacities listed below:



(1) A commercial bank or trust company organized under the laws of any State or of the United States;



(2) A private bank;



(3) A savings and loan association or a building and loan association organized under the laws of any State or of the United States;



(4) An insured institution as defined in section 401 of the National Housing Act;



(5) A savings bank, industrial bank or other thrift institution;



(6) A credit union organized under the law of any State or of the United States;



(7) Any other organization (except a money services business) chartered under the banking laws of any state and subject to the supervision of the bank supervisory authorities of a State;


(8) A bank organized under foreign law;



(9) Any national banking association or corporation acting under the provisions of section 25(a) of the Act of Dec. 23, 1913, as added by the Act of Dec. 24, 1919, ch. 18, 41 Stat. 378, as amended (12 U.S.C. 611-32).



(d) Beneficiary. The person to be paid by the beneficiary's bank.





(h) Currency. The coin and paper money of the United States or of any other country that is designated as legal tender and that circulates and is customarily used and accepted as a medium of exchange in the country of issuance. Currency includes U.S. silver certificates, U.S. notes and Federal Reserve notes. Currency also includes official foreign bank notes that are customarily used and accepted as a medium of exchange in a foreign country.



(k) Domestic. When used herein, refers to the doing of business within the United States, and limits the applicability of the provision where it appears to the performance by such institutions or agencies of functions within the United States.



(n) Financial institution. Each agent, agency, branch, or office within the United States of any person doing business, whether or not on a regular basis or as an organized business concern, in one or more of the capacities listed below:



(1) A bank (except bank credit card systems);



(7) A person subject to supervision by any state or federal bank supervisory authority.



(u) Monetary instruments.

(1) Monetary instruments include:



(i) Currency;



(ii) Traveler's checks in any form;



(iii) All negotiable instruments (including personal checks, business checks, official bank checks, cashier's checks, third-party checks, promissory notes (as that term is defined in the Uniform Commercial Code), and money orders, that are either in bearer form, endorsed without restriction, made out to a fictitious payee (for the purposes of ? 103.23), or otherwise in such form that title thereto passes upon delivery;



(iv) Incomplete instruments (including personal checks, business checks, official bank checks, cashier's checks, third-party checks, promissory notes (as that term is defined in the Uniform Commercial Code), and money orders) signed but with the payee's name omitted; and



(v) Securities or stock in bearer form or otherwise in such form that title thereto passes upon delivery.



(2) Monetary instruments do not include warehouse receipts or bills of lading.



(e) Payment order. An instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank or foreign bank to pay, a fixed or determinable amount of money to a beneficiary if:

(1) The instruction does not state a condition to payment to the beneficiary other than time of payment;

(2) The receiving bank is to be reimbursed by debiting an account of, or otherwise receiving payment from, the sender; and

(3) The instruction is transmitted by the sender directly to the receiving bank or to an agent, funds transfer system, or communication system for transmittal to the receiving bank.



(z) Person. An individual, a corporation, a partnership, a trust or estate, a joint stock company, an association, a syndicate, joint venture, or other unincorporated organization or group, an Indian Tribe (as that term is defined in the Indian Gaming Regulatory Act), and all entities cognizable as legal personalities.