Title 39 — Postal ServiceRelease 119-73not60
§2007 Public Debt Character of the Obligations of the Postal Service
Title 39 › Part III— MODERNIZATION AND FISCAL ADMINISTRATION › Chapter 20— FINANCE › § 2007
Summary
The Secretary of the Treasury can use money from selling securities under chapter 31 of title 31 to buy Postal Service debts. He may sell any Postal Service debts he buys at any time. All redemptions, purchases, and sales count as part of the U.S. government's public debt.
Full Legal Text
Title 39, §2007
Postal Service — Source: USLM XML via OLRC
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.
Legislative History
Notes & Related Subsidiaries
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.
Reference
Citations & Metadata
Citation
39 U.S.C. § 2007
Title 39 — Postal Service
Last Updated
Apr 5, 2026
Release point: 119-73not60