United States Code Title 36 — Patriotic and National Observances, Ceremonies, and Organizations

§ 130505. Powers

§ 130505.

Powers

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)

adopt, alter, and display seals, emblems, and badges;

(4)

choose directors, officers, trustees, managers, employees, and agents as the activities of the corporation require;

(5)

make contracts;

(6)

acquire, own, lease, encumber, and transfer property as necessary or convenient 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)

charge and collect membership dues and subscription fees;

(9)

sue and be sued; and

(10)

do any other act necessary or desirable to carry out the purposes of the corporation.