16 U.S.C. § 831 : US Code - Section 831: Creation; short title

Search 16 U.S.C. § 831 : US Code - Section 831: Creation; short title

For the purpose of maintaining and operating the properties now
owned by the United States in the vicinity of Muscle Shoals,
Alabama, in the interest of the National defense and for
agricultural and industrial development, and to improve navigation
in the Tennessee River and to control the destructive flood waters
in the Tennessee River and Mississippi River Basins, there is
created a body corporate by the name of the "Tennessee Valley
Authority" (hereinafter referred to as the "Corporation"). The
Board of Directors first appointed shall be deemed the
incorporators, and the incorporation shall be held to have been
effected from the date of the first meeting of the Board. This
chapter may be cited as the "Tennessee Valley Authority Act of
1933."