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) choose officers as the corporation requires;
(4) make contracts;
(5) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; and
(6) sue and be sued.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1429.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 153705 | 36:1004(2)–(8). | Sept. 7, 1962, Pub. L. 87–650, §§4(2)–(8), 18, 76 Stat. 503, 506. |
| 36:1018. |
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