Federal · Title 36 — Patriotic and National Observances, Ceremonies, and Organizations

36 U.S.C. § 20105: Powers

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adopt and amend bylaws for the management of its property and the regulation of its affairs; adopt and alter a corporate seal; choose officers, managers, agents, and employees as the activities of the corporation require; make contracts; acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and sue and be sued.

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