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15 USC § 78nn - Tennessee Valley Authority

---
identifier: "/us/usc/t15/s78nn"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 78nn - Tennessee Valley Authority"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "78nn"
section_name: "Tennessee Valley Authority"
chapter_number: 2
chapter_name: "SECURITIES EXCHANGES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 6, 1934, ch. 404, title I, § 37, as added Pub. L. 108–447, div. H, title V, § 520(2), Dec. 8, 2004, 118 Stat. 3267.)"
---

# § 78nn. Tennessee Valley Authority

**(a)** **In general** section 78m of this title*l*

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  if the Tennessee Valley Authority were an issuer of a security registered pursuant to section 78 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** section 78j–1 of this titlesection 78j–1 of this titlesection 78j–1(m)(1) of this title

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 , other than for subsection (m)(1) or (m)(3) of . 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 .

**(c)** **No effect on TVA authority** 16 U.S.C. 831

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 [ et seq.].

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**Source Credit**: (June 6, 1934, ch. 404, title I, § 37, as added Pub. L. 108–447, div. H, title V, § 520(2), Dec. 8, 2004, 118 Stat. 3267.)

## Editorial Notes

### References in Text

This chapter, referred to in subsec. (a), was in the original “this title”. See References in Text note set out under  and Codification note below.

The Tennessee Valley Authority Act of 1933, referred to in subsec. (c), is , , which is classified generally to chapter 12A (§ 831 et seq.) of Title 16, Conservation. For complete classification of this Act to the Code, see  and Tables.

### Codification

, which directed amendment of the Securities Exchange Act of 1934 by adding this section at the end, is reflected in the source credit above as adding this section to title I of the Securities Exchange Act of 1934, to reflect the probable intent of Congress.