{"identifier":"/us/usc/t36/s22705","title":36,"num":"\u00a7\u202f22705.","heading":"Powers","text":"\u00a7\u202f22705.\nPowers\n(a)\nGeneral.\u2014\nThe corporation may\u2014\n(1) adopt bylaws and regulations for the management of its property and the regulation of its affairs;\n(2) adopt seals, emblems, and badges;\n(3) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;\n(4) make contracts;\n(5) establish State and regional organizations and local posts;\n(6) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;\n(7) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;\n(8) publish a magazine, newspaper, and other publications consistent with the purposes of the corporation;\n(9) sue and be sued; and\n(10) do any other act necessary and proper to carry out the purposes of the corporation.\n(b)\nPowers Granted to Other Organizations.\u2014\nThe provisions, privileges, and prerogatives granted before\nJuly 24, 1947","url":"https://projectusc.org/usc/t36/s22705.html","content":[{"t":"sec","id":"/us/usc/t36/s22705","children":[{"t":"num","text":"\u00a7\u202f22705."},{"t":"heading","text":"Powers"},{"t":"subsec","id":"/us/usc/t36/s22705/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"General.\u2014"},{"t":"chapeau","text":"The corporation may\u2014"},{"t":"para","id":"/us/usc/t36/s22705/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" adopt bylaws and regulations for the management of its property and the regulation of its affairs;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" adopt seals, emblems, and badges;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/3","children":[{"t":"num","text":"(3)"},{"t":"content","text":" choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/4","children":[{"t":"num","text":"(4)"},{"t":"content","text":" make contracts;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/5","children":[{"t":"num","text":"(5)"},{"t":"content","text":" establish State and regional organizations and local posts;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/6","children":[{"t":"num","text":"(6)"},{"t":"content","text":" acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/7","children":[{"t":"num","text":"(7)"},{"t":"content","text":" borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/8","children":[{"t":"num","text":"(8)"},{"t":"content","text":" publish a magazine, newspaper, and other publications consistent with the purposes of the corporation;","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/9","children":[{"t":"num","text":"(9)"},{"t":"content","text":" sue and be sued; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t36/s22705/a/10","children":[{"t":"num","text":"(10)"},{"t":"content","text":" do any other act necessary and proper to carry out the purposes of the corporation.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t36/s22705/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Powers Granted to Other Organizations.\u2014"},{"t":"content","text":"The provisions, privileges, and prerogatives granted before ","children":[{"t":"text","text":"July 24, 1947","tail":", to other national veterans\u2019 organizations because of their incorporation by Congress are granted to the corporation."}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}