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§ 831c. —  Corporate powers generally; eminent domain; construction of dams, transmission lines, etc.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 16USC831c]

 
                         TITLE 16--CONSERVATION
 
                 CHAPTER 12A--TENNESSEE VALLEY AUTHORITY
 
Sec. 831c. Corporate powers generally; eminent domain; 
        construction of dams, transmission lines, etc.
        
    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 as may be necessary or appropriate for 
the exercise of the powers herein specifically conferred upon the 
Corporation.
    (h) Shall have power in the name of the United States of America to 
exercise the right of eminent domain, and in the purchase of any real 
estate or the acquisition of real estate by condemnation proceedings, 
the title to such real estate shall be taken in the name of the United 
States of America, and thereupon all such real estate shall be entrusted 
to the Corporation as the agent of the United States to accomplish the 
purposes of this chapter.
    (i) Shall have power to acquire real estate for the construction of 
dams, reservoirs, transmission lines, power houses, and other 
structures, and navigation projects at any point along the Tennessee 
River, or any of its tributaries, and in the event that the owner or 
owners of such property shall fail and refuse to sell to the Corporation 
at a price deemed fair and reasonable by the board, then the Corporation 
may proceed to exercise the right of eminent domain, and to condemn all 
property that it deems necessary for carrying out the purposes of this 
chapter, and all such condemnation proceedings shall be had pursuant to 
the provisions and requirements hereinafter specified, with reference to 
any and all condemnation proceedings: Provided, That nothing contained 
herein or elsewhere in this chapter shall be construed to deprive the 
Corporation of the rights conferred by sections 3114, 3115, and 3118 of 
title 40.
    (j) Shall have power to construct such dams, and reservoirs, in the 
Tennessee River and its tributaries, as in conjunction with Wilson Dam, 
and Norris, Wheeler, and Pickwick Landing Dams, now under construction, 
will provide a nine-foot channel in the said river and maintain a water 
supply for the same, from Knoxville to its mouth, and will best serve to 
promote navigation on the Tennessee River and its tributaries and 
control destructive flood waters in the Tennessee and Mississippi River 
drainage basins; and shall have power to acquire or construct power 
houses, power structures, transmission lines, navigation projects, and 
incidental works in the Tennessee River and its tributaries, and to 
unite the various power installations into one or more systems by 
transmission lines.
    (k) Shall have power in the name of the United States--
        (a) to convey by deed, lease, or otherwise, any real property in 
    the possession of or under the control of the Corporation to any 
    person or persons, for the purpose of recreation or use as a summer 
    residence, or for the operation on such premises of pleasure resorts 
    for boating, fishing, bathing, or any similar purpose;
        (b) to convey by deed, lease, or otherwise, the possession and 
    control of any such real property to any corporation, partnership, 
    person, or persons for the purpose of erecting thereon docks and 
    buildings for shipping purposes or the manufacture or storage 
    thereon of products for the purpose of trading or shipping in 
    transportation: Provided, That no transfer authorized herein in (b) 
    shall be made without the approval of Congress: And provided 
    further, That said corporation, without further action of Congress, 
    shall have power to convey by deed, lease, or otherwise, to the 
    Ingalls Shipbuilding Corporation, a tract or tracts of land at or 
    near Decatur, Alabama, and to the Commercial Barge Lines, Inc., a 
    tract or tracts of land at or near Guntersville, Alabama;
        (c) to transfer any part of the possession and control of the 
    real estate now in possession of and under the control of said 
    Corporation to any other department, agency, or instrumentality of 
    the United States: Provided, however, That no land shall be 
    conveyed, leased, or transferred, upon which there is located any 
    permanent dam, hydroelectric power plant, or munitions plant 
    heretofore or hereafter built by or for the United States or for the 
    Authority, except that this prohibition shall not apply to the 
    transfer of Nitrate Plant Numbered 1, at Muscle Shoals, Alabama, or 
    to Waco Quarry: And provided further, That no transfer authorized 
    herein in (a) or (c) except leases for terms of less than twenty 
    years, shall be made without the approval of the President of the 
    United States, if the property to be conveyed exceeds $500 in value; 
    and
        (d) to convey by warranty deed, or otherwise, lands, easements, 
    and rights-of-way to States, counties, municipalities, school 
    districts, railroad companies, telephone, telegraph, water, and 
    power companies, where any such conveyance is necessary in order to 
    replace any such lands, easements, or rights-of-way to be flooded or 
    destroyed as the result of the construction of any dam or reservoir 
    now under construction by the Corporation, or subsequently 
    authorized by Congress, and easements and rights-of-way upon which 
    are located transmission or distribution lines. The Corporation 
    shall also have power to convey or lease Nitrate Plant Numbered 1, 
    at Muscle Shoals, Alabama, and Waco Quarry, with the approval of the 
    Department of the Army and the President.

    (l) Shall have power to advise and cooperate in the readjustment of 
the population displaced by the construction of dams, the acquisition of 
reservoir areas, the protection of watersheds, the acquisition of 
rights-of-way, and other necessary acquisitions of land, in order to 
effectuate the purposes of the chapter; and may cooperate with Federal, 
State, and local agencies to that end.

(May 18, 1933, ch. 32, Sec. 4, 48 Stat. 60; Aug. 31, 1935, ch. 836, 
Secs. 1-3, 13, 49 Stat. 1075, 1076, 1080; July 18, 1941, ch. 309, 55 
Stat. 599; July 26, 1947, ch. 343, title II, Sec. 205(a), 61 Stat. 501; 
Pub. L. 92-310, title II, Sec. 225(b), June 6, 1972, 86 Stat. 206.)

                          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, 
Sec. 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

    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, Sec. 1, inserted proviso.
    Subsec. (j). Act Aug. 31, 1935, Sec. 2, amended subsec. (j) 
generally.
    Subsec. (k). Act Aug. 31, 1935, Sec. 3, added subsec. (k).
    Subsec. (l). Act Aug. 31, 1935, Sec. 13, added subsec. (l).

                         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.

                         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.

                  Section Referred to in Other Sections

    This section is referred to in section 831c-2 of this title.



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