2011 US Code
Title 39 - Postal Service
Part III - MODERNIZATION AND FISCAL ADMINISTRATION (§§ 2001 - 2805)
Chapter 20 - FINANCE (§§ 2001 - 2011)
Section 2007 - Public debt character of the obligations of the Postal Service
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 39 - POSTAL SERVICE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | 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 |
| Contains | section 2007 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 91-375, Aug. 12, 1970, 84 Stat. 741; Pub. L. 97-452, §2(f), Jan. 12, 1983, 96 Stat. 2479. |
| Statutes at Large References | 84 Stat. 741 96 Stat. 2479 |
| Public Law References | Public Law 91-375, Public Law 97-452 |
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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.)
Amendments1983—Pub. L. 97–452 substituted “chapter 31 of title 31” for “the Second Liberty Bond Act” wherever appearing.
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