§ 170104. Powers

• (a) The corporation may—
  • (1) adopt and amend a constitution and bylaws;
  • (2) adopt and alter a corporate seal, emblems, and badges;
  • (3) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;
  • (4) make contracts;
  • (5) accept gifts, legacies, and devises that will further the purposes of the corporation;
  • (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) establish, regulate, and discontinue subordinate State and regional organizations and local chapters or posts;
  • (9) establish and maintain offices to conduct the affairs of the corporation;
  • (10) publish a magazine, newspaper, and other publications;
  • (11) sue and be sued; and
  • (12) do any other act necessary and proper to carry out the purposes of the corporation.
• (b) Privileges granted to other national veterans’ organizations as a result of their being incorporated by Congress are also granted to the corporation.