39 CFR 501.4 - Changes in ownership or control, bankruptcy, or insolvency.

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There are 2 Updates appearing in the Federal Register for 39 CFR 501. View below or at eCFR (GPOAccess)
§ 501.4 Changes in ownership or control, bankruptcy, or insolvency.
(a) Any person or entity authorized under § 501.2 must promptly notify the Postal Service when it has a reasonable expectation that there may be a change in its ownership or control including changes in the ownership of an affiliate which exercises control over its Postage Evidencing System operations in the United States. A change of ownership or control within the meaning of this section includes entry into a strategic alliance or other agreement whereby a third party either has access to data related to the security of the system or is a competitor to the Postal Service. Any person or entity seeking to acquire ownership or control of a person or entity authorized under § 501.2 must provide the Postal Service satisfactory evidence that upon completion of the contemplated transaction, it will satisfy the conditions for approval stated in § 501.2. Early notification of a proposed change in ownership or control will facilitate expeditious review of an application to acquire ownership or control under this section.
(b) Any person or entity authorized under § 501.2 must promptly notify the Postal Service when it has a reasonable expectation that there may be a change in the status of its financial condition either through bankruptcy, insolvency, assignment for the benefit of creditors, or other similar financial action. Any person or entity authorized under § 501.2 who experiences a change in the status of its financial condition may, at the discretion of the Postal Service, have its authorization under § 501.2 modified or terminated.

Title 39 published on 2013-07-01

The following are only the Rules published in the Federal Register after the published date of Title 39.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-02-27; vol. 79 # 39 - Thursday, February 27, 2014
    1. 79 FR 10994 - Revisions to the Requirements for Authority to Manufacture and Distribute Postage Evidencing Systems
      GPO FDSys XML | Text
      POSTAL SERVICE
      Final rule.
      This rule is effective March 31, 2014.
      39 CFR Part 501

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code
Public Laws

Title 39 published on 2013-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 39 CFR 501 after this date.

  • 2014-02-27; vol. 79 # 39 - Thursday, February 27, 2014
    1. 79 FR 10994 - Revisions to the Requirements for Authority to Manufacture and Distribute Postage Evidencing Systems
      GPO FDSys XML | Text
      POSTAL SERVICE
      Final rule.
      This rule is effective March 31, 2014.
      39 CFR Part 501