36 U.S.C. § 130505
Sections in this chapter
§ 130505. Powers
The corporation may—
- (1) adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
- (2) adopt and alter a corporate seal;
- (3) adopt, alter, and display seals, emblems, and badges;
- (4) choose directors, officers, trustees, managers, employees, and agents as the activities of the corporation require;
- (5) make contracts;
- (6) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
- (7) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
- (8) charge and collect membership dues and subscription fees;
- (9) sue and be sued; and
- (10) do any other act necessary or desirable to carry out the purposes of the corporation.
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