
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 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 purpose of operating and 
    maintaining those works which the Corporation is obligated to 
    operate and maintain under subsection (a) of section 983 of this 
    title.

    (b) Amounts credited under subsection (a)(12) \3\ of this section 
are available to pay any obligation or expense of the Corporation under 
this chapter, except as specifically provided in subsection (a)(11) \3\ 
of this section.

(May 13, 1954, ch. 201, Sec. 4, 68 Stat. 94; Pub. L. 85-108, Sec. 1(1)-
(3), July 17, 1957, 71 Stat. 307; Pub. L. 92-310, title II, Sec. 232, 
June 6, 1972, 86 Stat. 214; Pub. L. 97-369, title III, Sec. 311, Dec. 
18, 1982, 96 Stat. 1783; Pub. L. 99-662, title XIV, Sec. 805(a)(1)-(3), 
Nov. 17, 1986, 100 Stat. 4272.)

                          Codification

    In subsec. (a)(7), ``chapter 51 and subchapter III of chapter 53 of 
title 5'' substituted for ``the Classification Act of 1949'' on 
authority of Pub. L. 89-554, Sec. 7(b), Sept. 6, 1966, 80 Stat. 631, the 
first section of which enacted Title 5, Government Organization and 
Employees.


                               Amendments

    1986--Subsec. (a)(13). Pub. L. 99-662 added par. (13) relating to 
acceptance of amounts transferred to the Corporation under section 
9505(c) of title 26.
    1982--Subsec. (a)(10) to (13). Pub. L. 97-369 added par. (10) and 
redesignated former pars. (10) to (12) as (11) to (13), respectively.
    1972--Subsec. (a)(7). Pub. L. 92-310 struck out provisions which 
empowered the Corporation to require bonds from such officers, 
attorneys, and employees as the Administrator might designate.
    1957--Subsecs. (a)(10) to (12), (b). Pub. L. 85-108 added pars. (10) 
to (12) and subsec. (b).


                    Effective Date of 1986 Amendment

    Section 805(b) of Pub. L. 99-662 provided that: ``The amendments 
made by this section [enacting section 988a of this title and amending 
this section] shall take effect on April 1, 1987.''
