[Federal Register Volume 62, Number 38 (Wednesday, February 26, 1997)]
[Rules and Regulations]
[Pages 8619-8620]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-4744]


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TENNESSEE VALLEY AUTHORITY

18 CFR Part 1314


Book-Entry Procedures for TVA Power Securities Issued Through the 
Federal Reserve Banks; Correction

AGENCY: Tennessee Valley Authority (TVA).

ACTION: Final rule; correction.

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SUMMARY: This document contains corrections to the regulations which 
were published in the Federal Register on Tuesday, January 7, 1997 (62 
FR 920). The regulations relate to the book-entry procedures for TVA 
power securities issued through the Federal Reserve Banks.

EFFECTIVE DATE: February 26, 1997.

FOR FURTHER INFORMATION CONTACT: Edward S. Christenbury at (423) 632-
2241.

SUPPLEMENTARY INFORMATION:

Background

    The regulations that are the subject of these corrections revised 
TVA's book-entry procedures to incorporate recent changes in commercial 
and property law and to bring them into accord with the revised book-
entry procedures of the United States Department of the Treasury 
published in the Federal Register on August 23, 1996 (61 FR 43,626).

Need for Correction

    As published, the regulations contain certain items which could be 
confusing and are in need of clarification.

Correction of Publication

    Accordingly, the regulations (FR Doc. 97-228) as published on 
January 7, 1997, at 62 FR 920, are corrected as follows:


Sec. 1314.4  [Corrected]

    1. On page 921, in the third column, in Sec. 1314.4, paragraph 
(a)(1)(i), line one, the word ``book-entry'' is corrected to read 
``Book-entry''.


Sec. 1314.5  [Corrected]

    2. On page 922, in the first column, in Sec. 1314.5, paragraph (a), 
lines five and six, the words ``security account'' are corrected to 
read ``Security Account''.
    3. On page 922, in the first column, in Sec. 1314.5, paragraph (b), 
line fifteen, the word ``participant'' is corrected to read 
``Participant''.


Sec. 1314.6  [Corrected]

    4. On page 922, in the second column, in Sec. 1314.6, paragraph 
(a), line twenty, the words ``security account'' are corrected to read 
``Security Account''.

[[Page 8620]]

    5. On page 922, in the second column, in Sec. 1314.6, paragraph 
(b)(2), line five, the words ``security account'' are corrected to read 
``Security Account''.


Sec. 1314.8  [Corrected]

    6. On page 922, in the third column, in Sec. 1314.8, line fourteen, 
the word ``number'' is corrected to read ``Number''.

    Dated: February 11, 1997.

John L. Dugger,
Assistant General Counsel.
[FR Doc. 97-4744 Filed 2-25-97; 8:45 am]
BILLING CODE 8120-01-M