18 CFR 1314.4 - Law governing the rights and obligations of TVA and Reserve Banks; law governing the rights of any Person against TVA and Reserve Banks; law governing other interests.

§ 1314.4 Law governing the rights and obligations of TVA and Reserve Banks; law governing the rights of any Person against TVA and Reserve Banks; law governing other interests.
(a) Except as provided in paragraph (b) of this section, the following rights and obligations are governed solely by the book-entry regulations contained in this part 1314, the Securities Documentation (but not including any choice of law provisions in such documentation), and Reserve Bank Operating Circulars:
(1) The rights and obligations of TVA and Reserve Banks with respect to:
(i) A Book-entry TVA Power Security or Security Entitlement; and
(ii) The operation of the Book-entry System as it applies to TVA Power Securities; and
(2) The rights of any Person, including a Participant, against TVA and Reserve Banks with respect to:
(i) A Book-entry TVA Power Security or Security Entitlement; and
(ii) The operation of the Book-entry System as it applies to TVA Power Securities.
(b) A security interest in a Security Entitlement that is in favor of a Reserve Bank from a Participant and that is not recorded on the books of a Reserve Bank pursuant to § 1314.5(c) is governed by the law (not including the conflict-of-law rules) of the jurisdiction where the head office of the Reserve Bank maintaining the Participant's Security Account is located. A security interest in a Security Entitlement that is in favor of a Reserve Bank from a Person that is not a Participant, and that is not recorded on the books of a Reserve Bank pursuant to § 1314.5(c), is governed by the law determined in the manner specified in paragraph (d) of this section.
(c) If the jurisdiction specified in the first sentence of paragraph (b) of this section is a State that has not adopted Revised Article 8, then the law specified in paragraph (b) of this section shall be the law of that State as though Revised Article 8 had been adopted by that State.
(d) To the extent not otherwise inconsistent with this part 1314, and notwithstanding any provision in the Securities Documentation setting forth a choice of law, the provisions set forth in 31 CFR 357.11 regarding law governing other interests apply and should be read as though modified to effectuate the application of 31 CFR 357.11 to Book-entry TVA Power Securities.
[62 FR 920, Jan. 7, 1997; 62 FR 8619, Feb. 26, 1997, as amended at 62 FR 29288, May 30, 1997]

Title 18 published on 2013-04-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 16 - CONSERVATION

§ 831 - Creation; short title

§ 831a - Membership, operation, and duties of the Board of Directors

§ 831b - Officers and employees; wages of laborers and mechanics; application of employees’ compensation provisions

16 U.S. Code § 831b–1 - Acceptance of services of volunteers

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

16 U.S. Code § 831c–1 - Bridges endangered or damaged by dams, etc.; compensation of and contracts with owner for protection, replacement, etc.

16 U.S. Code § 831c–2 - Civil actions for injury or loss of property or personal injury or death

16 U.S. Code § 831c–3 - Law enforcement

§ 831d - Directors; maintenance and operation of plant for production, sale, and distribution of fertilizer and power

§ 831e - Officers and employees; nonpolitical appointment; removal for violation

§ 831f - Control of plants and property vested in Corporation; transfer of other property to Corporation

§ 831g - Principal office of Corporation; books; directors’ oath

§ 831h - Annual financial statement; purchases and contracts; audit by Comptroller General

16 U.S. Code § 831h–1 - Operation of dams primarily for promotion of navigation and controlling floods; generation and sale of electricity

16 U.S. Code § 831h–2 - Repealed.

§ 831i - Sale of surplus power; preferences; experimental work; acquisition of existing electric facilities

§ 831j - Equitable distribution of surplus power among States and municipalities; improvement in production of fertilizer

§ 831k - Transmission lines; construction or lease; sale of power over other than Government lines; rates when sold for resale at profit

16 U.S. Code § 831k–1 - Extension of credit to States, municipalities and nonprofit organizations to assist in operation of existing facilities

16 U.S. Code § -

§ 831m - Allocation and charge of value and cost of plants to particular objects; cost accounting; reports of costs of operation; sale of surplus power at profit

16 U.S. Code § 831m–1 - Tennessee Valley Authority least-cost planning program

§ 831n - Bonds for future construction; amount, terms, and conditions

16 U.S. Code § 831n–1 - Bonds to carry out provisions of

16 U.S. Code § 831n–2 - Bonds; limitation of issuance under

16 U.S. Code § 831n–3 - Use of funds; limitation of issuance

16 U.S. Code § 831n–4 - Bonds for financing power program

16 U.S. Code § -

§ 831p - Repealed.

§ 831q - Eminent domain; contracts for relocation of railroads, highways, industrial plants, etc.

§ 831r - Patents; access to Patent and Trademark Office and right to copy patents; compensation to patentees

§ 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

§ 831w - Acquisition of real or personal property; payment by delivery of power; sale or lease of vacant land for industrial purposes

§ 831x - Condemnation proceedings; institution by Corporation; venue

§ 831y - Net proceeds over expense payable into Treasury

16 U.S. Code § 831y–1 - Approval of plans by Board as condition precedent to construction and operation; restraining action without approval; other laws unaffected

§ 831z - Authorization of appropriations

§ 831aa - Laws repealed

§ 831bb - Reservation of right to amend or repeal

§ 831cc - Separability

§ 831dd - Liberal construction of chapter; sale of surplus lands