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U.S Code last checked for updates: Nov 22, 2024
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Title 36
Subtitle II
Part B
Chapter 1541
§ 154104. Governing body...
§ 154106. Exclusive right to nam...
§ 154104. Governing body...
§ 154106. Exclusive right to nam...
U.S. Code
Notes
§ 154105.
Powers
The corporation may—
(1)
adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
(2)
adopt and alter a corporate seal;
(3)
choose officers, managers, employees, and agents as the activities of the corporation require;
(4)
make contracts;
(5)
acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;
(6)
borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and
(7)
sue and be sued.
(
Pub. L. 105–225
,
Aug. 12, 1998
,
112 Stat. 1432
.)
cite as:
36 USC 154105
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