15 U.S.C. § 78nn : US Code - Section 78NN: Tennessee Valley Authority
Search 15 U.S.C. § 78nn : US Code - Section 78NN: Tennessee Valley Authority
(a) In general
Commencing with the issuance by the Tennessee Valley Authority of
an annual report on Commission Form 10-K (or any successor thereto)
for fiscal year 2006 and thereafter, the Tennessee Valley Authority
shall file with the Commission, in accordance with such rules and
regulations as the Commission has prescribed or may prescribe, such
periodic, current, and supplementary information, documents, and
reports as would be required pursuant to section 78m of this title
if the Tennessee Valley Authority were an issuer of a security
registered pursuant to section 78l of this title. Notwithstanding
the preceding sentence, the Tennessee Valley Authority shall not be
required to register any securities under this chapter, and shall
not be deemed to have registered any securities under this chapter.
(b) Limited treatment as issuer
Commencing with the issuance by the Tennessee Valley Authority of
an annual report on Commission Form 10-K (or any successor thereto)
for fiscal year 2006 and thereafter, the Tennessee Valley Authority
shall be deemed to be an issuer for purposes of section 78j-1 of
this title, other than for subsection (m)(1) or (m)(3) of section
78j-1 of this title. The Tennessee Valley Authority shall not be
required by this subsection to comply with the rules issued by any
national securities exchange or national securities association in
response to rules issued by the Commission pursuant to section 78j-
1(m)(1) of this title.
(c) No effect on TVA authority
Nothing in this section shall be construed to diminish, impair,
or otherwise affect the authority of the Board of Directors of the
Tennessee Valley Authority to carry out its statutory functions
under the Tennessee Valley Authority Act of 1933 [16 U.S.C. 831 et
seq.].
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