(a) The exclusive use, possession, and control of the United States nitrate plants numbered 1 and 2, including steam plants, located, respectively, at Sheffield, Alabama, and Muscle Shoals, Alabama, together with all real estate and buildings connected therewith, all tools and machinery, equipment, accessories, and materials belonging thereto, and all laboratories and plants used as auxiliaries thereto; the fixed-nitrogen research laboratory, the Waco limestone quarry, in Alabama, and Dam Numbered 2, located at Muscle Shoals, its power house, and all hydroelectric and operating appurtenances (except the locks), and all machinery, lands, and buildings in connection therewith, and all appurtenances thereof, and all other property to be acquired by the Corporation in its own name or in the name of the United States of America, are intrusted to the Corporation for the purposes of this chapter.
(b) The President of the United States is authorized to provide for the transfer to the Corporation of the use, possession, and control of such other real or personal property of the United States as he may from time to time deem necessary and proper for the purposes of the Corporation as herein stated.
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