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

§ 150905. Powers

§ 150905.

The corporation may—

(1)

adopt and amend bylaws for the management of its property and the regulation of its affairs;

(2)

adopt and alter a corporate seal;

(3)

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

(4)

make contracts;

(5)

acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;

(6)

borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;

(7)

sue and be sued; and

(8)

do any other act necessary and proper to carry out the purposes of the corporation.