(a)
(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)
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1440.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
170104(a) | 36:1154 (less perpetual succession). | Aug. 11, 1971, Pub. L. 92–93, §§4 (less perpetual succession), 13, 85 Stat. 317, 319. |
170104(b) | 36:1163. |
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