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16 U.S.C. § 831a — Membership, operation, and duties of the Board of Directors
Federal law — U.S. Code and appendices · legal_authorities
**(a) Membership**
(1) **Appointment** — The Board of Directors of the Corporation (referred to in this chapter as the “Board”) shall be composed of 9 members appointed by the President by and with the advice and consent of the Senate, at least 7 of whom shall be a legal resident of the service area of the Corporation.
(2) **Chairman** — The members of the Board shall select 1 of the members to act as chairman of the Board.
**(b) Qualifications** To be eligible to be appointed as a member of the Board, an individual—
(1) shall be a citizen of the United States;
(2) shall have management expertise relative to a large for-profit or nonprofit corporate, government, or academic structure;
(3) shall not be an employee of the Corporation;
(4) shall make full disclosure to Congress of any investment or other financial interest that the individual holds in the energy industry; and
(5) shall affirm support for the objectives and missions of the Corporation, including being a national leader in technological innovation, low-cost power, and environmental stewardship.
**(c) Recommendations** In appointing members of the Board, the President shall—
(1) consider recommendations from such public officials as—
(A) the Governors of States in the service area;
(B) individual citizens;
(C) business, industrial, labor, electric power distribution, environmental, civic, and service organizations; and
(D) the congressional delegations of the States in the service area; and
(2) seek qualified members from among persons who reflect the diversity, including the geographical diversity, and needs of the service area of the Corporation.
**(d) Terms**
(1) **In general** — A member of the Board shall serve a term of 5 years. A member of the Board whose term has expired may c
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Stable record: federal_law:legal_authorities:record_usc_4a666aeca3bccf7d1d757e53
Source file: Laws/federal/codes/united-states-code/title-16/section-831a-membership-operation-and-duties-of-the-board-of-directors--c7e9b720b6.md
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Source location: Title 16, Chapter 12A, § 831a; chapter-12a-tennessee-valley-authority.md
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**(a) Membership**
(1) **Appointment** — The Board of Directors of the Corporation (referred to in this chapter as the “Board”) shall be composed of 9 members appointed by the President by and with the advice and consent of the Senate, at least 7 of whom shall be a legal resident of the service area of the Corporation.
(2) **Chairman** — The members of the Board shall select 1 of the members to act as chairman of the Board.
**(b) Qualifications** To be eligible to be appointed as a member of the Board, an individual—
(1) shall be a citizen of the United States;
(2) shall have management expertise relative to a large for-profit or nonprofit corporate, government, or academic structure;
(3) shall not be an employee of the Corporation;
(4) shall make full disclosure to Congress of any investment or other financial interest that the individual holds in the energy industry; and
(5) shall affirm support for the objectives and missions of the Corporation, including being a national leader in technological innovation, low-cost power, and environmental stewardship.
**(c) Recommendations** In appointing members of the Board, the President shall—
(1) consider recommendations from such public officials as—
(A) the Governors of States in the service area;
(B) individual citizens;
(C) business, industrial, labor, electric power distribution, environmental, civic, and service organizations; and
(D) the congressional delegations of the States in the service area; and
(2) seek qualified members from among persons who reflect the diversity, including the geographical diversity, and needs of the service area of the Corporation.
**(d) Terms**
(1) **In general** — A member of the Board shall serve a term of 5 years. A member of the Board whose term has expired may continue to serve after the member’s term has expired until the date on which a successor takes office, except that the member shall not serve beyond the end of the session of Congress in which the term of the member expires.
(2) **Vacancies** — A member appointed to fill a vacancy on the Board occurring before the expiration of the term for which the predecessor of the member was appointed shall be appointed for the remainder of that term.
**(e) Quorum**
(1) **In general** — Five of the members of the Board shall constitute a quorum for the transaction of business.
(2) **Vacancies** — A vacancy on the Board shall not impair the power of the Board to act.
**(f) Compensation**
(1) **In general** — A member of the Board shall be entitled to receive—
(A) a stipend of—
(i) $45,000 per year; or
(ii)
(I) in the case of the chairman of any committee of the Board created by the Board, $46,000 per year; or
(II) in the case of the chairman of the Board, $50,000 per year; and
(B) travel expenses, including per diem in lieu of subsistence, in the same manner as persons employed intermittently in Government service under [section 5703 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5703&num=0&edition=prelim).
(2) **Adjustments in stipends** — The amount of the stipends under paragraph (1)(A) shall be adjusted by the same percentage, at the same time and manner, and subject to the same limitations as are applicable to adjustments under [section 5318 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5318&num=0&edition=prelim).
**(g) Duties**
(1) **In general** — The Board shall—
(A) establish the broad goals, objectives, and policies of the Corporation that are appropriate to carry out this chapter;
(B) develop long-range plans to guide the Corporation in achieving the goals, objectives, and policies of the Corporation and provide assistance to the chief executive officer to achieve those goals, objectives, and policies;
(C) ensure that those goals, objectives, and policies are achieved;
(D) approve an annual budget for the Corporation;
(E) adopt and submit to Congress a conflict-of-interest policy applicable to members of the Board and employees of the Corporation;
(F) establish a compensation plan for employees of the Corporation in accordance with subsection (i);
(G) approve all compensation (including salary or any other pay, bonuses, benefits, incentives, and any other form of remuneration) of all managers and technical personnel that report directly to the chief executive officer (including any adjustment to compensation);
(H) ensure that all activities of the Corporation are carried out in compliance with applicable law;
(I) create an audit committee, composed solely of Board members independent of the management of the Corporation, which shall—
(i) in consultation with the inspector general of the Corporation, recommend to the Board an external auditor;
(ii) receive and review reports from the external auditor of the Corporation and inspector general of the Corporation; and
(iii) make such recommendations to the Board as the audit committee considers necessary;
(J) create such other committees of Board members as the Board considers to be appropriate;
(K) conduct such public hearings as it deems appropriate on issues that could have a substantial effect on—
(i) the electric ratepayers in the service area; or
(ii) the economic, environmental, social, or physical well-being of the people of the service area;
(L) establish the electricity rates charged by the Corporation; and
(M) engage the services of an external auditor for the Corporation.
(2) **Meetings** — The Board shall meet at least 4 times each year.
**(h) Chief executive officer**
(1) **Appointment** — The Board shall appoint a person to serve as chief executive officer of the Corporation.
(2) **Qualifications**
(A) *In general* — To serve as chief executive officer of the Corporation, a person—
(i) shall have senior executive-level management experience in large, complex organizations;
(ii) shall not be a current member of the Board or have served as a member of the Board within 2 years before being appointed chief executive officer; and
(iii) shall comply with the conflict-of-interest policy adopted by the Board.
(B) *Expertise* — In appointing a chief executive officer, the Board shall give particular consideration to appointing an individual with expertise in the electric industry and with strong financial skills.
(3) **Tenure** — The chief executive officer shall serve at the pleasure of the Board.
**(i) Compensation plan**
(1) **In general** — The Board shall approve a compensation plan that specifies all compensation (including salary or any other pay, bonuses, benefits, incentives, and any other form of remuneration) for the chief executive officer and employees of the Corporation.
(2) **Annual survey** — The compensation plan shall be based on an annual survey of the prevailing compensation for similar positions in private industry, including engineering and electric utility companies, publicly owned electric utilities, and Federal, State, and local governments.
(3) **Considerations** — The compensation plan shall provide that education, experience, level of responsibility, geographic differences, and retention and recruitment needs will be taken into account in determining compensation of employees.
(4) **Positions at or below level IV** — The chief executive officer shall determine the salary and benefits of employees whose annual salary is not greater than the annual rate payable for positions at level IV of the Executive Schedule under [section 5315 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5315&num=0&edition=prelim).
(5) **Positions above level IV** — On the recommendation of the chief executive officer, the Board shall approve the salaries of employees whose annual salaries would be in excess of the annual rate payable for positions at level IV of the Executive Schedule under [section 5315 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5315&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
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.”
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization of appropriations** There are authorized to be appropriated such sums as may be necessary to carry out the provisions of this subchapter.
**(b) Transfer authority** Funds made available for the purposes of this subchapter may be allocated or transferred for any of the purposes of this subchapter, with the approval of the Director of the Office of Management and Budget, to any agency or government corporation designated to assist in carrying out this subchapter. Each such allocation or transfer shall be reported in full detail to the Congress within 30 days after such allocation or transfer.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 5195
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Federal law — U.S. Code and appendices · legal_authorities
Level IV of the Executive Schedule applies to the following positions, for which the annual rate of basic pay shall be the rate determined with respect to such level under chapter 11 of title 2, as adjusted by [section 5318 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5318&num=0&edition=prelim):
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5315
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** Subject to subsection (b), effective at the beginning of the first applicable pay period commencing on or after the first day of the month in which an adjustment takes effect under [section 5303 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5303&num=0&edition=prelim) in the rates of pay under the General Schedule, the annual rate of pay for positions at each level of the Executive Schedule shall be adjusted by an amount, rounded to the nearest multiple of $100 (or if midway between multiples of $100, to the next higher multiple of $100), equal to the percentage of such annual rate of pay which corresponds to the most recent percentage change in the ECI (relative to the date described in the next sentence), as determined under section 704(a)(1) of the Ethics Reform Act of 1989. The appropriate date under this sentence is the first day of the fiscal year in which such adjustment in the rates of pay under the General Schedule takes effect.
**(b)** In no event shall the percentage adjustment taking effect under subsection (a) in any calendar year (before rounding), in any rate of pay, exceed the percentage adjustment taking effect in such calendar year under section 5303 in the rates of pay under the General Schedule.
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5318
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Federal law — U.S. Code and appendices · legal_authorities
An employee serving intermittently in the Government service as an expert or consultant and paid on a daily when-actually-employed basis, or serving without pay or at $1 a year, may be allowed travel or transportation expenses, under this subchapter, while away from his home or regular place of business and at the place of employment or service.
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5703
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Appointment by the chief executive officer** The chief executive officer shall appoint, with the advice and consent of the Board, and without regard to the provisions of the civil service laws applicable to officers and employees of the United States, such managers, assistant managers, officers, employees, attorneys, and agents as are necessary for the transaction of the business of the Corporation.
**(b) Wage rates** All contracts to which the Corporation is a party and which require the employment of laborers and mechanics in the construction, alteration, maintenance, or repair of buildings, dams, locks, or other projects shall contain a provision that not less than the prevailing rate of wages for work of a similar nature prevailing in the vicinity shall be paid to such laborers or mechanics. In the event any dispute arises as to what are the prevailing rates of wages, the question shall be referred to the Secretary of Labor for determination, and his decision shall be final. In the determination of such prevailing rate or rates, due regard shall be given to those rates which have been secured through collective agreement by representatives of employers and employees. Where such work as is described in the two preceding paragraphs is done directly by the Corporation the prevailing rate of wages shall be paid in the same manner as though such work had been let by contract. Insofar as applicable, the benefits of subchapter I of chapter 81 of title 5 shall extend to persons given employment under the provisions of this chapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831b
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Federal law — U.S. Code and appendices · legal_authorities
Except as otherwise specifically provided in this chapter, the Corporation—
**(a)** Shall have succession in its corporate name.
**(b)** May sue and be sued in its corporate name.
**(c)** May adopt and use a corporate seal, which shall be judicially noticed.
**(d)** May make contracts, as herein authorized.
**(e)** May adopt, amend, and repeal bylaws.
**(f)** May purchase or lease and hold such real and personal property as it deems necessary or convenient in the transaction of its business, and may dispose of any such personal property held by it.The Board shall select a treasurer and as many assistant treasurers as it deems proper: Provided, That any member of said Board may be removed from office at any time by a concurrent resolution of the Senate and the House of Representatives.
**(g)** Shall have such powers as may be necessary or appropriate for the exercise of the powers herein specifically conferred upon the Corporation.
**(h)** Shall have power in the name of the United States of America to exercise the right of eminent domain, and in the purchase of any real estate or the acquisition of real estate by condemnation proceedings, the title to such real estate shall be taken in the name of the United States of America, and thereupon all such real estate shall be entrusted to the Corporation as the agent of the United States to accomplish the purposes of this chapter.
**(i)** Shall have power to acquire real estate for the construction of dams, reservoirs, transmission lines, power houses, and other structures, and navigation projects at any point along the Tennessee River, or any of its tributaries, and in the event that the owner or owners of such property shall fail and refuse to sell to the Corporation at a price deemed fair and reasonable by the Boa
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831c
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Designation of law enforcement agents** The Board may designate employees of the corporation to act as law enforcement agents in the area of jurisdiction described in subsection (c).
**(b) Duties and powers**
(1) **Duties** — A law enforcement agent designated under subsection (a) shall maintain law and order and protect persons and property in the area of jurisdiction described in subsection (c) and protect property and officials and employees of the corporation outside that area.
(2) **Powers** — In the performance of duties described in paragraph (1), a law enforcement agent designated under subsection (a) may—
(A) make arrests without warrant for any offense against the United States committed in the agent’s presence, or for any felony cognizable under the laws of the United States if the agent has probable cause to believe that the person to be arrested has committed or is committing such a felony;
(B) execute any warrant or other process issued by a court or officer of competent jurisdiction for the enforcement of any Federal law or regulation issued pursuant to law in connection with the investigation of an offense described in subparagraph (A);
(C) conduct an investigation of an offense described in subparagraph (A) in the absence of investigation of the offense by any Federal law enforcement agency having investigative jurisdiction over the offense or with the concurrence of that agency; and
(D) carry firearms in carrying out any activity described in subparagraph (A), (B), or (C).
**(c) Area of jurisdiction** A law enforcement agent designated under subsection (a) shall be authorized to exercise the law enforcement duties and powers described in subsection (b)—
(1) on any lands or facilities owned or leased by the corporation or within s
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831c–3
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Federal law — U.S. Code and appendices · legal_authorities
The Board is authorized—
**(a)** To contract with commercial producers for the production of such fertilizers or fertilizer materials as may be needed in the Government’s program of development and introduction in excess of that produced by Government plants. Such contracts may provide either for outright purchase of materials by the Board or only for the payment of carrying charges on special materials manufactured at the board’s 11 So in original. Probably should be “Board’s”. request for its program.
**(b)** To arrange with farmers and farm organizations for large-scale practical use of the new forms of fertilizers under conditions permitting an accurate measure of the economic return they produce.
**(c)** To cooperate with National, State, district, or county experimental stations or demonstration farms, with farmers, landowners, and associations of farmers or landowners, for the use of new forms of fertilizer or fertilizer practices during the initial or experimental period of their introduction, and for promoting the prevention of soil erosion by the use of fertilizers and otherwise.
**(d)** The Board, in order to improve and cheapen the production of fertilizer, is authorized to manufacture and sell fixed nitrogen, fertilizer, and fertilizer ingredients at Muscle Shoals by the employment of existing facilities, by modernizing existing plants, or by any other process or processes that in its judgment shall appear wise and profitable for the fixation of atmospheric nitrogen or the cheapening of the production of fertilizer.
**(e)** Under the authority of this chapter the Board may make donations or sales of the product of the plant or plants operated by it to be fairly and equitably distributed through the agency of county demonstration agents, agricultural co
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831d
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Federal law — U.S. Code and appendices · legal_authorities
In the appointment of officials and the selection of employees for said Corporation, and in the promotion of any such employees or officials, no political test or qualification shall be permitted or given consideration, but all such appointments and promotions shall be given and made on the basis of merit and efficiency. Any member of said Board who is found by the President of the United States to be guilty of a violation of this section shall be removed from office by the President of the United States, and any appointee of said Board who is found by the Board to be guilty of a violation of this section shall be removed from office by said Board.
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 831e
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