Statutory Text

39 U.S.C. § 2007 — Public debt character of the obligations of the Postal Service

U.S.C. Title 39 - POSTAL SERVICE 39 U.S.C. United States Code, 2023 Edition Title 39 - POSTAL SERVICE PART III - MODERNIZATION AND FISCAL ADMINISTRATION CHAPTER 20 - FINANCE Sec. 2007 - Public debt character of the obligations of the Postal Service From the U.S. Government Publishing Office, www.gpo.gov

§2007. Public debt character of the obligations of the Postal Service

For the purpose of any purchase of the obligations of the Postal Service, the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under chapter 31 of title 31, as now or hereafter in force, and the purposes for which securities may be issued under chapter 31 of title 31, as now or hereafter in force, are extended to include any purchases of the obligations of the Postal Service under this chapter. The Secretary of the Treasury may, at any time, sell any of the obligations of the Postal Service acquired by him under this chapter. All redemptions, purchases, and sales by the Secretary of the obligations of the Postal Service shall be treated as public debt transactions of the United States.

(Pub. L. 91–375, Aug. 12, 1970, 84 Stat. 741; Pub. L. 97–452, §2(f), Jan. 12, 1983, 96 Stat. 2479.)

Editorial Notes

Amendments 1983—Pub. L. 97–452 substituted "chapter 31 of title 31" for "the Second Liberty Bond Act" wherever appearing.

Statutory Notes and Related Subsidiaries

Effective Date Section effective July 1, 1971, pursuant to Resolution No. 71–9 of the Board of Governors. See section 15(a) of Pub. L. 91–375, set out as a note preceding section 101 of this title.

Source: uscode.house.gov — public domain Official Source ↗

Root-LD Entity Data

◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org

Federation ID

BS-USC39-SEC-D6239F

Entity Class

STATUTE / FEDERAL-CODE-SECTION

Domain Signature

boisestandard.org

Citation

39 U.S.C. § 2007

Jurisdiction

Federal — United States

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

2f17a81c6a6fd249...

Semantic Edges

Pending — corpus passes queued

The statutory text of 39 U.S.C. § 2007 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).

Navigate Corpus — Title 39

← 39 U.S.C. § 2006 39 U.S.C. § 2008 →

Ch. 20 — FINANCE

39 U.S.C. § 2001 39 U.S.C. § 2002 39 U.S.C. § 2003 39 U.S.C. § 2004 39 U.S.C. § 2005 39 U.S.C. § 2006 39 U.S.C. § 2007 39 U.S.C. § 2008 39 U.S.C. § 2009 39 U.S.C. § 2009a 39 U.S.C. § 2010 39 U.S.C. § 2011

39 U.S.C. — public domain ← All Legislation