36 U.S.C. § 151305 — Powers

(a) General. The corporation can do several things. It can adopt a constitution and bylaws. It can adopt an official seal, and courts must recognize that seal without proof. It can also do any other act it needs to do to carry out this chapter. (b) Powers as Trustee. To do its work, the corporation has the normal powers of a trustee corporation under Maryland law. This includes the power to: (1) accept, receive, ask for, hold, manage, and use any gift, will, or bequest of property, or any income or other interest from that property, either outright or in trust; (2) sell, give away, rent out, invest, or otherwise dispose of any property or income from it — unless the document that transferred the property says otherwise; (3) make contracts and other deals with public agencies and private organizations and people, and make the payments needed to carry out its work; (4) sue other people or organizations, and be sued by them; and (5) do any other act that is necessary and proper to carry out the corporation's purposes.