U.S Code last checked for updates: May 19, 2024
§ 140103.
Powers
The corporation may—
(1)
adopt and amend bylaws;
(2)
adopt and alter a corporate seal;
(3)
appoint or elect officers and agents;
(4)
choose a board of trustees, consisting of at least 5 but not more than 15 individuals, to conduct the business and exercise the powers of the corporation;
(5)
establish and maintain offices to conduct its activities;
(6)
acquire, own, lease, encumber, and transfer property as necessary or appropriate to carry out the purposes of the corporation;
(7)
charge and collect membership dues and receive contributions of money or property to be devoted to carrying out the purposes of the corporation;
(8)
sue and be sued; and
(9)
do any other act necessary or appropriate to carry out the purposes of the corporation.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1380.)
cite as: 36 USC 140103