Statute · United States Code
36 U.S.C. § 21903 — Powers
36 U.S.C. § 21903
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- capital-markets-and-corporate-governance
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 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.