United States Code
USC most recently checked for updates: Jun 09, 2025
§ 70704.
Powers
The corporation may—
(1)
adopt and amend bylaws for the regulation of its affairs;
(2)
adopt and alter a corporate seal;
(3)
employ persons the corporation considers necessary;
(4)
acquire, own, lease, encumber, and transfer property;
(5)
sue and be sued; and
(6)
do any other act to carry out the purposes of the corporation.
cite as: 36 USC 70704
