United States Code
USC most recently checked for updates: Jun 09, 2025
§ 20304.
 Powers
The corporation may—
(1)
 adopt bylaws and regulations;
(2)
 fill vacancies;
(3)
 provide for the election of foreign, domestic, or honorary associate members, and the division of those members into classes;
(4)
 receive bequests and donations of property, hold the property in trust, and invest the property to carry out the purpose of the corporation; and
(5)
 do any other act necessary or usual for such a corporation.
cite as: 36 USC 20304
