Title 40Public Buildings, Property, and WorksRelease 119-73

§17305 Replacing lost, destroyed, or damaged stamps, securities, obligations, or money

Title 40 › Subtitle SUBTITLE VI— - MISCELLANEOUS › Chapter CHAPTER 173— - GOVERNMENT LOSSES IN SHIPMENT › § 17305

Last updated Apr 6, 2026|Official source

Summary

The government must replace stamps, securities, or money lost, destroyed, or damaged while the Postal Service handles them for the Secretary of the Treasury, under rules the Secretary sets and paid from the fund in section 17303.

Full Legal Text

Title 40, §17305

Public Buildings, Property, and Works — Source: USLM XML via OLRC

Stamps, securities, or other obligations of the Federal Government, or money lost, destroyed, or damaged while in the custody or possession of, or charged to, the United States Postal Service while it is acting as agent for, or on behalf of, the Secretary of the Treasury for the sale of the stamps, securities, or obligations and for the collection of the money, shall be replaced out of the fund described in section 17303 of this title under regulations the Secretary may prescribe, regardless of how the loss, destruction, or damage occurs.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 1730540:724.July 8, 1937, ch. 444, § 3a, as added Aug. 10, 1939, ch. 665, § 2, 53 Stat. 1358; Pub. L. 91–375, § 6(m)(5), Aug. 12, 1970, 84 Stat. 783. The words “occurring heretofore or hereafter, but not prior to February 4, 1935” are omitted as obsolete. The words “United States Postal Service” are substituted for “Post Office Department or Postal Service” in section 3a of the Government Losses in Shipment Act (ch. 444), as added by section 2 of the Act of August 10, 1939 (ch. 665, 53 Stat. 1358), because of section 4(a) and 6(o) of the Postal Reorganization Act (Public Law 91–375, 84 Stat. 773, 783). The words “Secretary of the Treasury” are substituted for “Treasury Department” because of 31:301(b).

Reference

Citations & Metadata

Citation

40 U.S.C. § 17305

Title 40Public Buildings, Property, and Works

Last Updated

Apr 6, 2026

Release point: 119-73