39 CFR § 761.2 - Authority of Reserve Banks.
---
identifier: "/us/cfr/t39/s761.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "39 CFR § 761.2 - Authority of Reserve Banks."
title_number: 39
title_name: "Postal Service"
section_number: "761.2"
section_name: "Authority of Reserve Banks."
chapter_name: "UNITED STATES POSTAL SERVICE"
subchapter_number: "J"
subchapter_name: "POSTAL SERVICE DEBT OBLIGATIONS; DISBURSEMENT POSTAL MONEY ORDERS"
part_number: "761"
part_name: "BOOK-ENTRY PROCEDURES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "39 U.S.C. 401, 402, 2005."
regulatory_source: "37 FR 16801, Aug. 19, 1972, unless otherwise noted."
cfr_part: "761"
---
# 761.2 Authority of Reserve Banks.
Each Reserve Bank is hereby authorized, in accordance with the provisions of this part, to (a) issue book-entry Postal Service securities by means of entries on its records which shall include the name of the depositor, the amount, the loan title (or series) and maturity date; (b) effect conversions between book-entry Postal Service securities and definitive Postal Service securities; (c) otherwise service and maintain book-entry Postal Service securities; and (d) issue a confirmation of transaction in the form of a written advice (serially numbered or otherwise) which specifies the amount and description of any securities; that is, loan title (or series) and maturity date, sold or transferred, and the date of the transaction.