[Code of Federal Regulations]
[Title 39, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 39CFR10.4]

[Page 21]
 
                        TITLE 39--POSTAL SERVICE
 
                 CHAPTER I--UNITED STATES POSTAL SERVICE
 
PART 10_RULES OF CONDUCT FOR POSTAL SERVICE GOVERNORS [APPENDIX]--Table 
 
Sec.  10.4  Financial disclosure reports.

    (a) Requirement of submission of reports. At the time of their 
nomination, Governors complete a financial disclosure report which, 
under the practice of the Senate Governmental Affairs Committee, is kept 
confidential. Because the Director of the Office of Government Ethics 
has ruled that Governors who do not perform the duties of their office 
for more than 60 days in any calendar year are not required to file 
financial disclosure reports that are open to the public, Governors file 
non-public reports annually, in accordance with this section. A Governor 
who performs the duties of his or her office for more than 60 days in a 
particular calendar year is required to file a public report in 
accordance with 5 CFR 2634.204(c).
    (b) Person with whom reports should be filed and time for filing. 
(1) A Governor shall file a financial disclosure report with the General 
Counsel on or before May 15 of each year when the Governor has been in 
office for more than 60 consecutive calendar days during the previous 
year.
    (2) The General Counsel may, for good cause shown, grant to a 
Governor an extension of up to 45 days. An additional extension of up to 
45 days may be granted by the Director of the Office of Government 
Ethics for good cause shown.
    (c) Information required to be reported. Each report shall be a full 
and complete statement, on the form prescribed by the General Counsel 
and the Office of Government Ethics and in accordance with instructions 
issued by him or her. The form currently in use is Standard Form 278.
    (d) Reviewing reports. (1) Financial disclosure reports filed in 
accordance with the provisions of this section shall, within 60 days 
after the date of filing, be reviewed by the General Counsel who shall 
either approve the report, or make an initial determination that a 
conflict or appearance thereof exists. If the General Counsel determines 
initially that a conflict or the appearance of a conflict exists, he or 
she shall inform the Governor of his determination.
    (2) If the General Counsel considers that additional information is 
needed to complete the report or to allow an adequate review to be 
conducted, he or she shall request the reporting Governor to furnish 
that information by a specified date.
    (3) The General Counsel shall refer to the Chairman of the Board of 
Governors or the Vice Chairman the name of any Governor he or she has 
reasonable cause to believe has wrongfully failed to file a report or 
has falsified or wrongfully failed to report required information.
    (e) Custody of and public access to reports--(1) Retention of 
reports. Each report filed with the General Counsel shall be retained by 
him or her for a period of six years. After the six-year period, the 
report shall be destroyed unless needed in connection with an 
investigation then pending.
    (2) Confidentiality of reports. Unless a public report is required 
by this section, the financial disclosure reports filed by Governors 
shall not be made public.

[52 FR 29697, Aug. 11, 1987. Redesignated and amended at 61 FR 36500, 
July 11, 1996]