§831 — Title 16 Conservation | U.S. Code

Summary

Creates the Tennessee Valley Authority to manage federal properties near Muscle Shoals, Alabama for defense, farm and industry growth, Tennessee River navigation, and flood control in Tennessee and Mississippi basins. The initial board are the founders; the corporation is formed at their first meeting, and the short title is "Tennessee Valley Authority Act of 1933."

Title 16, §831

Conservation — Source: USLM XML via OLRC

For the purpose of maintaining and operating the properties now owned by the United States in the vicinity of Muscle Shoals, Alabama, in the interest of the National defense and for agricultural and industrial development, and to improve navigation in the Tennessee River and to control the destructive flood waters in the Tennessee River and Mississippi River Basins, there is created a body corporate by the name of the “Tennessee Valley Authority” (hereinafter referred to as the “Corporation”). The Board of Directors first appointed shall be deemed the incorporators, and the incorporation shall be held to have been effected from the date of the first meeting of the Board. This chapter may be cited as the “Tennessee Valley Authority Act of 1933.”

Notes & Related Subsidiaries

Editorial Notes

Amendments

2004—Pub. L. 108–447 substituted “Board of Directors” for “board of directors” and “Board” for “board”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2004 AmendmentAmendment 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.

§831 Creation; short title

Summary

Title 16, §831

Notes & Related Subsidiaries

Editorial Notes

Amendments

Statutory Notes and Related Subsidiaries

Effective Date

Effective Date

Citations & Metadata