The business of TC PipeLines, LP (the "Partnership") is managed by or under the direction of the Board of Directors of TC PipeLines GP, Inc. (the "General Partner" or the "Corporation"), an indirect wholly-owned subsidiary of TransCanada Corporation. Directors exercise their business judgment to act in what they reasonably believe to be in the best interest of the Partnership and in a manner consistent with the Partnership Agreement of the Partnership.
The General Partner manages the business and affairs of the Partnership. The board of directors of the General Partner currently consists of seven individuals, three of whom are independent. The board approves all material transactions and agreements of the Partnership.
The General Partner has an Audit Committee. The Audit Committee's purpose is to oversee the audit of the Partnership's financial statements as well as the Partnership's accounting and financial reporting procedures.
Unitholders and other interested parties may communicate with any and all members of the Board of Directors, including non-management directors, by transmitting correspondence by mail or facsimile addressed to one or more directors by name or to the chairman of the Board of Directors or the Audit Committee of the Board of Directors at the following address: Name of the Director(s), c/o Secretary, TC PipeLines, GP, Inc., 717 Texas Street, Suite 2400, Houston, TX 77002, or via fax at 1.508.871.7047.
Our general partner, TC PipeLines GP, Inc., is wholly-owned by TransCanada Corporation (TransCanada), one of the largest energy infrastructure companies in North America