§ 140505. 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) make contracts;
• (4) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
• (5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
• (6) charge and collect membership dues; and
• (7) sue and be sued.