§ 2007. — Public debt character of the obligations of the Postal Service.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 39USC2007]
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
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, Sec. 2(f),
Jan. 12, 1983, 96 Stat. 2479.)
Amendments
1983--Pub. L. 97-452 substituted ``chapter 31 of title 31'' for
``the Second Liberty Bond Act'' wherever appearing.
