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39 U.S.C. § 2001 — Definitions
Federal law — U.S. Code and appendices · legal_authorities
As used in this chapter—
(1) “Fund” means the Postal Service Fund established by section 2003 of this chapter;
(2) **Competitive products fund.—** — The term “Competitive Products Fund” means the Postal Service Competitive Products Fund established by section 2011; and
(3) “obligations”, when referring to debt instruments issued by the Postal Service, means notes, bonds, debentures, mortgages, and any other evidence of indebtedness.
Source: Supplied U.S. Code snapshot — release unconfirmed · 39 U.S.C. § 2001
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Stable record: federal_law:legal_authorities:record_usc_e0a6353b8e4d33e98c90bc9c
Source file: Laws/federal/codes/united-states-code/title-39/section-2001-definitions--91389a828d.md
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Source location: Title 39, Chapter 20, § 2001; chapter-020-finance.md
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As used in this chapter—
(1) “Fund” means the Postal Service Fund established by section 2003 of this chapter;
(2) **Competitive products fund.—** — The term “Competitive Products Fund” means the Postal Service Competitive Products Fund established by section 2011; and
(3) “obligations”, when referring to debt instruments issued by the Postal Service, means notes, bonds, debentures, mortgages, and any other evidence of indebtedness.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The United States Postal Service shall be operated as a basic and fundamental service provided to the people by the Government of the United States, authorized by the Constitution, created by Act of Congress, and supported by the people. The Postal Service shall have as its basic function the obligation to provide postal services to bind the Nation together through the personal, educational, literary, and business correspondence of the people. It shall provide prompt, reliable, and efficient services to patrons in all areas and shall render postal services to all communities. The costs of establishing and maintaining the Postal Service shall not be apportioned to impair the overall value of such service to the people.
**(b)** The Postal Service shall maintain an integrated network for the delivery of market-dominant and competitive products (as defined in chapter 36 of this title). Delivery shall occur at least six days a week, except during weeks that include a Federal holiday, in emergency situations, such as natural disasters, or in geographic areas where the Postal Service has established a policy of delivering mail fewer than six days a week as of the date of enactment of the Postal Service Reform Act of 2022. The Postal Service shall provide a maximum degree of effective and regular postal services to rural areas, communities, and small towns where post offices are not self-sustaining. No small post office shall be closed solely for operating at a deficit, it being the specific intent of the Congress that effective postal services be insured to residents of both urban and rural communities.
**(c)** As an employer, the Postal Service shall achieve and maintain compensation for its officers and employees comparable to the rates and types of compensation pa
Source: Supplied U.S. Code snapshot — release unconfirmed · 39 U.S.C. § 101
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The initial capital of the Postal Service shall consist of the equity, as reflected in the budget of the President, of the Government of the United States in the former Post Office Department. The value of assets and the amount of liabilities transferred to the Postal Service upon the commencement of operations of the Postal Service shall be determined by the Postal Service subject to the approval of the Comptroller General, in accordance with the following guidelines:
(1) Assets shall be valued on the basis of original cost less depreciation, to the extent that such value can be determined. The value recorded on the former Post Office Department’s books of account shall be prima facie evidence of asset value.
(2) All liabilities attributable to operations of the former Post Office Department shall remain liabilities of the Government of the United States, except that upon commencement of operations of the Postal Service, the unexpended balances of appropriations made to, held or used by, or available to the former Post Office Department and all liabilities chargeable thereto shall become assets and liabilities, respectively, of the Postal Service.
**(b)** The capital of the Postal Service at any time shall consist of its assets, including the balance in the Fund and the balance in the Competitive Products Fund, less its liabilities.
**(c)** The Postal Service, and the Administrator of General Services where properties under the jurisdiction of the Administrator are involved, with the approval of the Director of the Office of Management and Budget, shall determine which Federal properties shall be transferred to the Postal Service and which shall remain under the jurisdiction of any other department, agency, or establishment of the Government of the United S
Source: Supplied U.S. Code snapshot — release unconfirmed · 39 U.S.C. § 2002
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Federal law — U.S. Code and appendices · legal_authorities
The Executive departments are:
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 101
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Federal law — U.S. Code and appendices · legal_authorities
Page 50
TITLE 39—POSTAL SERVICE
§ 2001
ity, and each employee shall be protected in the
exercise of this right.
(Pub. L. 91–375, Aug. 12, 1970, 84 Stat. 737.)
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.
PART III—MODERNIZATION AND
FISCAL ADMINISTRATION
Chap.
Sec.
20.
Finance ..................................................
2001
22.
Convict Labor ......................................
2201
24.
Appropriations and Annual Report
2401
26.
Debts and Collection ..........................
2601
28.
Strategic Planning and Perform-
ance Management ............................
2801
29.
Property Management .......................
2901
Editorial Notes
AMENDMENTS
2016—Pub. L. 114–318, § 4(b), Dec. 16, 2016, 130 Stat.
1614, added item for chapter 29.
2006—Pub. L. 109–435, title X, § 1010(g)(2), Dec. 20, 2006,
120 Stat. 3262, substituted ‘‘Strategic Planning and Per-
formance Management’’ for ‘‘Strategic planning and
performance management’’ in item for chapter 28.
1993—Pub. L. 103–62, § 11(c), Aug. 3, 1993, 107 Stat. 296,
added item for chapter 28.
CHAPTER 20—FINANCE
Sec.
2001.
Definitions.
2002.
Capital of the Postal Service.
2003.
The Postal Service Fund.
[2004.
Repealed.]
2005.
Obligations.
2006.
Relationship between the Treasury and the
Postal Service.
2007.
Public debt character of the obligations of
the Postal Service.
2008.
Audit and expenditures.
2009.
Annual budget.
2009a.
Budgetary treatment of the Postal Service
Fund.
2010.
Restrictions on agreements.
2011.
Provisions relating to competitive products.
Editorial Notes
AMENDMENTS
Source: Supplied 2024 U.S. Code historical extraction · 39 U.S.C. § 2001
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.