§ 130505 — 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) adopt, alter, and display seals, emblems, and badges; (4) choose directors, officers, trustees, managers, employees, and agents as the activities of the corporation require; (5) make contracts; (6) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; (7) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; (8) charge and collect membership dues and subscription fees; (9) sue and be sued; and (10) do any other act necessary or desirable to carry out the purposes of the corporation.