36 U.S.C. § 220105
Powers
The corporation has all the powers necessary and proper to carry out the purposes stated in section 220102 of this title , including the power—
(1)
to adopt and amend bylaws and regulations for the management of its property and the regulation of its affairs;
(2)
to adopt and alter a corporate seal;
(3)
to adopt and alter emblems and marks;
(4)
to establish and maintain offices to conduct the affairs of the corporation;
(5)
to choose officers, representatives, and agents as the activities of the corporation require;
(6)
to make contracts;
(7)
to acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
(8)
to borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
(9)
to publish a magazine, newspaper, and other publications;
(10)
to establish, regulate, and terminate councils, organizations, chapters, or affiliates as needed to carry out the purposes stated in section 220102 of this title ;
(11)
to solicit funds;
(12)
to sue and be sued; and
(13)
to do any other act necessary and proper to carry out the purposes stated in section 220102 of this title .
( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1460 .)