36 U.S.C. § 70704
The corporation may—
- (1)adopt and amend bylaws for the regulation of its affairs;
- (2)adopt and alter a corporate seal;
- (3)employ persons the corporation considers necessary;
- (4)acquire, own, lease, encumber, and transfer property;
- (5)sue and be sued; and
- (6)do any other act to carry out the purposes of the corporation.