Statute · United States Code
36 U.S.C. § 151105 — Powers
36 U.S.C. § 151105
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- intellectual-property-and-technology
The corporation may— (1) adopt and amend bylaws; (2) adopt and alter a corporate seal; (3) acquire, own, lease, encumber, and transfer property to carry out the purposes of the corporation; (4) accept and administer a trust for educational purposes; (5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and (6) sue and be sued in any court of the United States, or other court of competent jurisdiction.
The corporation may— (1) adopt and amend bylaws; (2) adopt and alter a corporate seal; (3) acquire, own, lease, encumber, and transfer property to carry out the purposes of the corporation; (4) accept and administer a trust for educational purposes; (5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and (6) sue and be sued in any court of the United States, or other court of competent jurisdiction.