§ 150506. Powers

The corporation has the powers provided in its bylaws and articles of incorporation filed in the State in which it is incorporated, including the power to—

• (1) adopt bylaws and regulations for the management of its property and the regulation of its affairs;
• (2) adopt and alter a corporate seal;
• (3) adopt emblems and badges;
• (4) choose officers, managers, and agents as the activities of the corporation require;
• (5) make contracts;
• (6) acquire, own, lease, encumber, and transfer property as necessary 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) publish a magazine, newspaper, and other publications consistent with the purposes of the corporation;
• (9) sue and be sued; and
• (10) do any other act necessary and proper to carry out the purposes of the corporation.