Tennessee Valley Authority
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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FY2024 · Filed Nov 14, 2024
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Item 3. LEGAL PROCEEDINGS
From time to time, TVA is party to or otherwise involved in lawsuits, claims, proceedings, investigations, and other legal matters ("Legal Proceedings") that have arisen in the ordinary course of conducting its activities. While the outcome of the Legal Proceedings to which TVA is a party cannot be predicted with certainty, any adverse outcome to a Legal Proceeding involving TVA may have a material adverse effect on TVA's financial condition, results of operations, and cash flows.
For a discussion of Legal Proceedings involving TVA, see Note 22 —Commitments and Contingencies — Legal Proceedings, which discussion is incorporated by reference into this Item 3.
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