(a)
(1) adopt bylaws and regulations for the management of its property and the regulation of its affairs;
(2) adopt seals, emblems, and badges;
(3) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;
(4) make contracts;
(5) establish State and regional organizations and local posts;
(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.
(b)
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1307.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 22705(a) | 36:67c (less perpetual succession). | July 23, 1947, ch. 298, §§4 (less perpetual succession), 8, 10(2)–(5), 61 Stat. 406, 407. |
| 36:67g. 36:67i(2)–(5). |
||
| 22705(b) | 36:67r. | July 23, 1947, ch. 298, §19, 61 Stat. 408; Aug. 15, 1977, Pub. L. 95–98, §1(a), 91 Stat. 830. |
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