Is it illegal for convenience stores to accept “No Bills Larger than $50”?
Most of those folks don’t keep a lot of cash on hand so accepting a hundred dollar bill might cause them to be unable to break even a twenty for the next customer. Many of them put their larger bills into a drop safe for which they do not have the ability to open. It’s just another deterrent to crime. But you might be lucky if they take fifties. Many of those folks won’t take anything larger than a twenty, especially after dark. From a legal standpoint they can and do make their own rules which, for another example, means they don’t have to take pennies if they don’t want to even though they are also legal tender.
