{"identifier":"/us/usc/t36/s151105","title":36,"num":"\u00a7\u202f151105.","heading":"Powers","text":"\u00a7\u202f151105.\nPowers\nThe corporation may\u2014\n(1) adopt and amend bylaws;\n(2) adopt and alter a corporate seal;\n(3) acquire, own, lease, encumber, and transfer property to carry out the purposes of the corporation;\n(4) accept and administer a trust for educational purposes;\n(5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and\n(6) sue and be sued in any court of the United States, or other court of competent jurisdiction.","url":"https://projectusc.org/usc/t36/s151105.html","content":[{"t":"sec","id":"/us/usc/t36/s151105","children":[{"t":"num","text":"\u00a7\u202f151105."},{"t":"heading","text":"Powers","tail":"\n"},{"t":"chapeau","text":"The corporation may\u2014"},{"t":"para","id":"/us/usc/t36/s151105/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" adopt and amend bylaws;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s151105/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" adopt and alter a corporate seal;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s151105/3","children":[{"t":"num","text":"(3)"},{"t":"content","text":" acquire, own, lease, encumber, and transfer property to carry out the purposes of the corporation;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s151105/4","children":[{"t":"num","text":"(4)"},{"t":"content","text":" accept and administer a trust for educational purposes;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s151105/5","children":[{"t":"num","text":"(5)"},{"t":"content","text":" borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s151105/6","children":[{"t":"num","text":"(6)"},{"t":"content","text":" sue and be sued in any court of the United States, or other court of competent jurisdiction.","tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}