36 U.S.C. § 21903

(1)

adopt a constitution, bylaws, and regulations;

(2)

adopt and alter a corporate seal;

(3)

establish and maintain offices and buildings to conduct its activities;

(4)

establish State and territorial organizations and local branches;

(5)

acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation, subject to its constitution and instructions of donors;

(6)

sue and be sued; and

(7)

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