This chapter shall be liberally construed to carry out the purposes of Congress to provide for the disposition of and make needful rules and regulations respecting Government properties entrusted to the Authority, provide for the national defense, improve navigation, control destructive floods, and promote interstate commerce and the general welfare, but no real estate shall be held except what is necessary in the opinion of the Board to carry out plans and projects actually decided upon requiring the use of such land: , That any land purchased by the Authority and not necessary to carry out plans and projects actually decided upon shall be sold by the Authority as agent of the United States, after due advertisement, at public auction to the highest bidder.
Structure US Code
CHAPTER 12A— TENNESSEE VALLEY AUTHORITY
§ 831a. Membership, operation, and duties of the Board of Directors
§ 831b–1. Acceptance of services of volunteers
§ 831c. Corporate powers generally; eminent domain; construction of dams, transmission lines, etc.
§ 831c–2. Civil actions for injury or loss of property or personal injury or death
§ 831e. Officers and employees; nonpolitical appointment; removal for violation
§ 831g. Principal office of Corporation; books; directors’ oath
§ 831h. Annual financial statement; purchases and contracts; audit by Comptroller General
§ 831m–1. Tennessee Valley Authority least-cost planning program
§ 831n. Bonds for future construction; amount, terms, and conditions
§ 831n–1. Bonds to carry out provisions of section 831k–1; amount, terms, and conditions
§ 831n–2. Bonds; limitation of issuance under sections 831n and 831n–1
§ 831n–3. Use of funds; limitation of issuance
§ 831n–4. Bonds for financing power program
§ 831o. Completion of unfinished plants authorized
§ 831q. Eminent domain; contracts for relocation of railroads, highways, industrial plants, etc.
§ 831s. Possession by Government in time of war; damages to contract holders
§ 831t. Offenses; fines and punishment
§ 831u. Surveys; cooperation with States or other agencies
§ 831v. Legislation to carry out purposes of chapter; recommendation by President
§ 831x. Condemnation proceedings; institution by Corporation; venue
§ 831y. Net proceeds over expense payable into Treasury
§ 831z. Authorization of appropriations
§ 831bb. Reservation of right to amend or repeal
§ 831dd. Liberal construction of chapter; sale of surplus lands