Code of Federal Regulations - Title 18: Conservation of Power and Water Resources (December 2005)
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TITLE 18 - CONSERVATION OF POWER AND WATER RESOURCES
CHAPTER XIII - TENNESSEE VALLEY AUTHORITY
SUBCHAPTER B - SPECIAL REGULATIONS
PART 1314 - BOOK - ENTRY PROCEDURES FOR TVA POWER SECURITIES ISSUED THROUGH THE FEDERAL RESERVE BANKS
1314.10 - Additional provisions.
(a) Additional requirements. In any case or any class of cases arising under the regulations in this part, TVA may require such additional evidence and a bond of indemnity, with or without surety, as may in the judgment of TVA be necessary for the protection of the interests of TVA.
(b) Notice of attachment for TVA Power Securities in Book-entry System.
The interest of a debtor in a Security Entitlement may be reached by a creditor only by legal process upon the Securities Intermediary with whom the debtor's securities account is maintained, except where a Security Entitlement is maintained in the name of a secured party, in which case the debtor's interest may be reached by legal process upon the secured party. The regulations in this part do not purport to establish whether a Reserve Bank is required to honor an order or other notice of attachment in any particular case or class of cases.
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