The Tennessee Valley Authority conducts a unified program of resource development for the advancement of economic growth in the Tennessee Valley region. The Tennessee Valley Authority (TVA) is a wholly owned Government corporation created by act of May 18, 1933 (16 U. S. C. 831-831dd). All functions of the Authority are vested in its nine-member Board of Directors, the members of which are appointed by the President with the advice and consent of the Senate. The Board designates one member as Chairman.
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