36 U.S.C. § 21903 — Powers

in plain englishAI-generated · not legal advice

The corporation may— (1) adopt a constitution, bylaws, and regulations; (2) adopt and alter a corporate seal; (3) establish and maintain offices and buildings to conduct its activities; (4) establish State and territorial organizations and local branches; (5) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation, subject to its constitution and instructions of donors; (6) sue and be sued; and (7) do any other act necessary and proper to carry out the purposes of the corporation.

the actual law source: uscode.house.gov ↗public domain

The corporation may—

(1)

adopt a constitution, bylaws, and regulations;

(2)

adopt and alter a corporate seal;

(3)

establish and maintain offices and buildings to conduct its activities;

(4)

establish State and territorial organizations and local branches;

(5)

acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation, subject to its constitution and instructions of donors;

(6)

sue and be sued; and

(7)

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

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1299.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1299

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.