42 U.S. Code § 16431 - Federal utility participation in transmission organizations
The term “transmission system” means an electric transmission facility owned, leased, or contracted for by the United States and operated by a Federal utility.
The appropriate Federal regulatory authority may enter into a contract, agreement, or other arrangement transferring control and use of all or part of the transmission system of a Federal utility to a Transmission Organization.
No statutory provision requiring or authorizing a Federal utility to transmit electric power or to construct, operate, or maintain the transmission system of the Federal utility prohibits a transfer of control and use of the transmission system pursuant to, and subject to, the requirements of this section.
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