36 U.S.C. § 154303
Title 36
Chapter 1543
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 154303. Powers
The corporation may—
- (1) adopt and amend bylaws;
- (2) adopt and alter a corporate seal;
- (3) appoint or elect officers and agents;
- (4) choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;
- (5) establish and maintain offices to conduct its activities;
- (6) acquire, own, lease, encumber, and transfer property as necessary or appropriate to carry out the purposes of the corporation;
- (7) charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;
- (8) sue and be sued; and
- (9) do any other act necessary or appropriate to carry out the purposes of the corporation.
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