§ 170104 — Powers

(a) The corporation may— (1) adopt and amend a constitution and bylaws; (2) adopt and alter a corporate seal, emblems, and badges; (3) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation; (4) make contracts; (5) accept gifts, legacies, and devises that will further the purposes of the corporation; (6) acquire, own, lease, encumber, and transfer property as necessary 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) establish, regulate, and discontinue subordinate State and regional organizations and local chapters or posts; (9) establish and maintain offices to conduct the affairs of the corporation; (10) publish a magazine, newspaper, and other publications; (11) sue and be sued; and (12) do any other act necessary and proper to carry out the purposes of the corporation. (b) Privileges granted to other national veterans’ organizations as a result of their being incorporated by Congress are also granted to the corporation.