[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 33USC984]
TITLE 33--NAVIGATION AND NAVIGABLE WATERS
CHAPTER 19--SAINT LAWRENCE SEAWAY
Sec. 984. General powers of Corporation
(a) For the purpose of carrying out its functions under this chapter
the Corporation--
(1) shall have succession in its corporate name;
(2) may adopt and use a corporate seal, which shall be
judicially noticed;
(3) may sue and be sued in its corporate name;
(4) may adopt, amend, and repeal bylaws, rules, and regulations
governing the manner in which its business may be conducted and the
powers vested in it may be exercised;
(5) may make and carry out such contracts or agreements as are
necessary or advisable in the conduct of its business;
(6) shall be held to be an inhabitant and resident of the
northern judicial district of New York within the meaning of the
laws of the United States relating to venue of civil suits;
(7) may appoint and fix the compensation, in accordance with the
provisions of chapter 51 and subchapter III of chapter 53 of title
5, of such officers, attorneys, and employees as may be necessary
for the conduct of its business, define their authority and duties,
and delegate to them such of the powers vested in the Corporation as
the Administrator may determine;
(8) may acquire, by purchase, lease, condemnation, or donation
such real and personal property and any interest therein, and may
sell, lease, or otherwise dispose of such real and personal
property, as the Administrator deems necessary for the conduct of
its business;
(9) shall determine the character of and the necessity for its
obligations and expenditures, and the manner in which they shall be
incurred, allowed and paid, subject to provisions of law
specifically applicable to Government corporations;
(10) may retain toll revenues for purposes of eventual
reinvestment in the Seaway.\1\
---------------------------------------------------------------------------
\1\ So in original. The period probably should be a semicolon.
---------------------------------------------------------------------------
(11) may provide services and facilities necessary in the
maintenance and operation of the seaway, including but not limited
to providing, at reasonable prices, services to vessels using the
seaway and to visitors to the seaway, but not to include overnight
housing accommodations for visitors;
(12) may participate with the Saint Lawrence Seaway Authority of
Canada, or its designee, in the ownership and operation of a toll
bridge company: Provided, That the United States' portion of the
revenue from the tolls charged to the users of any toll bridge
operated under this section shall be applied solely to the cost of
the bridge and approaches, including maintenance and operation,
amortization of principal and interest, as established by the
Secretary of the Treasury; and
(13) \2\ shall be credited with amounts received from any of the
activities authorized by clauses (10) and (11) \3\ of this
subsection.
---------------------------------------------------------------------------
\2\ So in original. There are two pars. designated (13).
\3\ Clauses (10), (11), and (12) redesignated (11), (12), and (13)
by Pub. L. 97-369.
---------------------------------------------------------------------------
(13) \2\ shall accept such amounts as may be transferred to the
Corporation under section 9505(c)(1) of title 26, except that such
amounts shall be available only for the
