Powers
36 U.S.C. § 21903
in effectThe corporation may—
(1) adopt a constitution, bylaws, and regulations;
(2) adopt and alter a corporate seal;
(3) establish and maintain offices and buildings to conduct its activities;
(4) establish State and territorial organizations and local branches;
(5) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation, subject to its constitution and instructions of donors;
(6) sue and be sued; and
(7) do any other act necessary and proper to carry out the purposes of the corporation.
Source: OLRC USLMURL: https://uscode.house.gov/download/releasepoints/us/pl/119/95/xml_usc36@119-95.zipFetched: 6/5/2026
