36 U.S.C. § 152405 — Powers

(a) General — The corporation can adopt a constitution and bylaws, adopt an official seal that courts must recognize without proof, and do anything else necessary to carry out this chapter. (b) Powers as Trustee — To do its work, the corporation has the normal powers of a corporate trustee under the law of wherever its main office sits. This includes the power to: accept, receive, ask for, hold, manage, and use any gift, will-based gift, or bequest of property or income, either outright or in trust; buy or trade for property or an interest in property; sell, give away, lease, invest, or otherwise dispose of property or its income, unless the gift's terms say otherwise; borrow money and issue debt instruments; make contracts and deals with public agencies, private groups, and people, and pay what's needed to do its work; sue and be sued; and do anything else necessary and proper to carry out its purposes. (c) Encumbered or Restricted Gifts — The corporation can accept a gift even if it comes with debt attached, restrictions, or other people's future or partial interests in it — as long as some current or future benefit from it goes to the corporation.