🚀 go-pugleaf

Bob Ward <rcward@gte.net> writes:
> On 19 Nov 1999 03:05:12 GMT, libertariankrav@aol.com (LibertarianKrav)
> wrote:

> >going to give some as prone to errorr as utlity bill companies electronic
> >access to my checking account, they'll take my cheque or they wont get paid,
> >simple as that. BTW, By law, such companies MUST take cheques
> 
> Are you sure about that?  Last I knew, checks were not considered
> legal tender.  I'm not saying that it's not good business practice for
> utility companies to take checks, but that's a far cry from stating
> that the law REQUIRES it.

I wouldn't be surprised (and I haven't checked - besides, I'd
bet it varies by area) if utility companies in particular are
required to accept checks.  They are subject to lots of 
regulation that normal companies rae not because they are
sanctioned monopolies.  This may be changing a bit these days,
with competition being introduced in electric and local phone,
but that's a _very_ new phenomenon.  Given a gov't sanctioned
monopoly, it's awfully difficult to take one's business to a
competitor -- hence the likelihood of such legal requirements.

--d