36 U.S.C. § 22504
Powers
The corporation may—
(1)
adopt a constitution, bylaws, and regulations;
(2)
adopt and alter a corporate seal;
(3)
adopt emblems and badges;
(4)
establish and maintain offices to conduct its activities;
(5)
establish State, territorial, and local subdivisions;
(6)
acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation, subject to section 22506(b) of this title ;
(7)
publish a magazine and other publications;
(8)
sue and be sued; and
(9)
do any other act necessary and proper to carry out its purposes.
( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1305 .)