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 .)