Title 39, Postal ServiceRelease 119-102
§2903 Use of Funds From Sale of Property
Title 39 › PART III — MODERNIZATION AND FISCAL ADMINISTRATION › CHAPTER 29 — PROPERTY MANAGEMENT › § 2903
Summary
If the Postal Service permanently closes, sale proceeds must pay unpaid employee wages and expenses first; remainder goes to the Retiree Health Benefits Fund (5 U.S.C. 8909a).
Full Legal Text
Title 39, §2903
Postal Service, Source: USLM XML via OLRC
In the event that the Postal Service permanently ceases operations, any funds derived from the sale of any real property owned by the Postal Service shall be used to pay any outstanding liability with respect to the salaries and expenses of any Postal Service employee. The balance of any remaining funds shall be deposited into the Postal Service Retiree Health Benefits Fund established under section 8909a of title 5.
Reference
Citations & Metadata
Citation
39 U.S.C. § 2903
Title 39, Postal Service
Last Updated
Aug 21, 2026
Release point: 119-102