FEDERAL · 16 U.S.C. · Chapter 12A

Corporate powers generally; eminent domain; construction of dams, transmission lines, etc

16 U.S.C. § 831c
Title16Conservation
Chapter12A — TENNESSEE VALLEY AUTHORITY

This text of 16 U.S.C. § 831c (Corporate powers generally; eminent domain; construction of dams, transmission lines, etc) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
16 U.S.C. § 831c.

Text

Except as otherwise specifically provided in this chapter, the Corporation—

(a)Shall have succession in its corporate name.
(b)May sue and be sued in its corporate name.
(c)May adopt and use a corporate seal, which shall be judicially noticed.
(d)May make contracts, as herein authorized.
(e)May adopt, amend, and repeal bylaws.
(f)May purchase or lease and hold such real and personal property as it deems necessary or convenient in the transaction of its business, and may dispose of any such personal property held by it. The Board shall select a treasurer and as many assistant treasurers as it deems proper: Provided, That any member of said Board may be removed from office at any time by a concurrent resolution of the Senate and the House of Representatives.
(g)Shall have such powers

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Related

Tennessee Valley Authority v. Hill
437 U.S. 153 (Supreme Court, 1978)
1,917 case citations
United States Ex Rel. Tennessee Valley Authority v. Powelson
319 U.S. 266 (Supreme Court, 1943)
535 case citations
United States v. Smith
499 U.S. 160 (Supreme Court, 1991)
360 case citations
Mark Wayne v. Tennessee Valley Authority
730 F.2d 392 (Fifth Circuit, 1984)
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Connecticut v. American Elec. Power Co., Inc.
582 F.3d 309 (Second Circuit, 2009)
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North Carolina Ex Rel. Cooper v. Tennessee Valley Authority
515 F.3d 344 (Fourth Circuit, 2008)
32 case citations
Thacker v. Tenn. Valley Auth.
587 U.S. 218 (Supreme Court, 2019)
28 case citations
John H. Stevens v. Tennessee Valley Authority
712 F.2d 1047 (Sixth Circuit, 1983)
18 case citations
Kenneth M. Cooper v. Tennessee Valley Authority
723 F.2d 1560 (Federal Circuit, 1983)
18 case citations
William M. Young and Faith Adams Young v. Tennessee Valley Authority
606 F.2d 143 (Sixth Circuit, 1979)
12 case citations
Jones-Hailey v. Corporation of the Tennessee Valley Authority
660 F. Supp. 551 (E.D. Tennessee, 1987)
12 case citations
Algernon Blair Industrial Contractors, Inc. v. Tennessee Valley Authority
552 F. Supp. 972 (M.D. Alabama, 1982)
11 case citations
Tennessee Valley Authority v. United States
13 Cl. Ct. 692 (Court of Claims, 1987)
11 case citations
Gold Point Marina, Inc. v. Tennessee Valley Authority
635 F. Supp. 39 (E.D. Tennessee, 1986)
5 case citations
Southern Railway Co. v. Tennessee Valley Authority
223 F. Supp. 1 (E.D. Tennessee, 1963)
4 case citations
Matheny Ex Rel. Matheny v. Tennessee Valley Authority
503 F. Supp. 2d 917 (M.D. Tennessee, 2007)
4 case citations

Source Credit

History

(May 18, 1933, ch. 32, §4, 48 Stat. 60; Aug. 31, 1935, ch. 836, §§1–3, 13, 49 Stat. 1075, 1076, 1080; July 18, 1941, ch. 309, 55 Stat. 599; July 26, 1947, ch. 343, title II, §205(a), 61 Stat. 501; Pub. L. 92–310, title II, §225(b), June 6, 1972, 86 Stat. 206; Pub. L. 108–447, div. C, title VI, §603(a)(2), Dec. 8, 2004, 118 Stat. 2966.)

Editorial Notes

Editorial Notes

Codification
"Sections 3114, 3115, and 3118 of title 40" substituted in subsec. (i) for "the Act of February 26, 1931 (46 Stat. 1422, ch. 307, secs. 1 to 5, inclusive), as now compiled in section 258a to 258e, inclusive, of Title 40 of the United States Code" on authority of Pub. L. 107–217, §5(c), Aug. 21, 2002, 116 Stat. 1303, the first section of which enacted Title 40, Public Buildings, Property, and Works.
Subsec. (j), last sentence, directed the directors of the Authority to report their recommendations to Congress not later than April 1, 1936, and has been omitted as executed.

Amendments
2004—Subsecs. (f), (i). Pub. L. 108–447 substituted "Board" for "board" wherever appearing.
1972—Subsec. (f). Pub. L. 92–310 struck out provisions which required the treasurer and assistant treasurers to give bonds for the safekeeping of securities and moneys of the Corporation.
1941—Subsec. (k). Act July 18, 1941, amended subsec. (k) generally.
1935—Subsec. (i). Act Aug. 31, 1935, §1, inserted proviso.
Subsec. (j). Act Aug. 31, 1935, §2, amended subsec. (j) generally.
Subsec. (k). Act Aug. 31, 1935, §3, added subsec. (k).
Subsec. (l). Act Aug. 31, 1935, §13, added subsec. (l).

Statutory Notes and Related Subsidiaries

Change of Name
Department of War designated Department of the Army and title of Secretary of War changed to Secretary of the Army by section 205(a) of act July 26, 1947, ch. 343, title II, 61 Stat. 501. Section 205(a) of act July 26, 1947, was repealed by section 53 of act Aug. 10, 1956, ch. 1041, 70A Stat. 641. Section 1 of act Aug. 10, 1956, enacted "Title 10, Armed Forces" which in sections 3010 to 3013 continued military Department of the Army under administrative supervision of Secretary of the Army.

Effective Date of 2004 Amendment
Amendment by Pub. L. 108–447 effective on the later of the date on which at least three persons nominated under section 604(a) of Pub. L. 108–447 take office or May 18, 2005, see section 604(b) of Pub. L. 108–447, set out in an Appointments; Effective Date; Transition note under section 831a of this title.

Release of Use Restrictions
Pub. L. 113–121, title VI, §6005(h), June 10, 2014, 128 Stat. 1360, provided that: "Notwithstanding any other provision of law, the Tennessee Valley Authority shall, without monetary consideration, grant releases from real estate restrictions established pursuant to section 4(k)(b) of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831c(k)(b)) with respect to tracts of land identified in section 4(k)(b) of that Act, subject to the condition that such releases shall be granted in a manner consistent with applicable Tennessee Valley Authority policies."

Executive Documents

Delegation of Functions
Authority of President under subsec. (k) of this section to approve transfers under subsecs. (a) and (c) of this section, other than leases for terms of less than 20 years and conveyances of property having a value not in excess of $500, delegated to Administrator of General Services, see section 1(16) of Ex. Ord. No. 11609, July 22, 1971, 36 F.R. 13747, set out as a note under section 301 of Title 3, The President.

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Bluebook (online)
16 U.S.C. § 831c, Counsel Stack Legal Research, https://law.counselstack.com/usc/16/831c.