36 U.S.C. § 80304

Powers

The corporation may—

(1)

adopt and amend a constitution, bylaws, and regulations, including regulations for the election of associates and successors;

(2)

adopt and alter a seal;

(3)

have offices and conduct its activities in the District of Columbia and in the States, territories, and possessions of the United States;

(4)

acquire, own, lease, encumber, and transfer property, and use any income from the property, as necessary to carry out the purposes of the corporation;

(5)

sue and be sued within the jurisdiction of the United States; and

(6)

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

( Pub. L. 105–225 , Aug. 12, 1998 , 112 Stat. 1362 .)