{"data":{"id":"us/39-cfr-501.4","jurisdiction":"us","citation":"39 CFR 501.4","heading":"Changes in ownership or control, bankruptcy, or insolvency.","body":"(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.\n(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.","path":["Title 39—Postal Service","CHAPTER I—UNITED STATES POSTAL SERVICE","SUBCHAPTER G—POSTAGE PROGRAMS","PART 501—AUTHORIZATION TO MANUFACTURE AND DISTRIBUTE POSTAGE EVIDENCING SYSTEMS"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-39.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:51Z","sha256":"58d6b1ef549b6fe6e5ad9ea317d491e9b053721bb060c3c8800782de11ad67f8","source_id":"us-cfr","stale":true,"prev":"us/39-cfr-501.3","next":"us/39-cfr-501.5"},"notice":"GroundRules: Original legal text. Not legal advice."}