§ 170104. Powers
Powers
Specific Powers.—
The corporation may—
adopt and amend a constitution and bylaws;
adopt and alter a corporate seal, emblems, and badges;
choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;
make contracts;
accept gifts, legacies, and devises that will further the purposes of the corporation;
acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;
borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
establish, regulate, and discontinue subordinate State and regional organizations and local chapters or posts;
establish and maintain offices to conduct the affairs of the corporation;
publish a magazine, newspaper, and other publications;
sue and be sued; and
do any other act necessary and proper to carry out the purposes of the corporation.
Privileges of Other National Veterans’ Organizations.—
Privileges granted to other national veterans’ organizations as a result of their being incorporated by Congress are also granted to the corporation.