U.S. Code > Title 36 Patriotic Societies and Observances > Subtitle II—Patriotic and National Organizations > Part B—Organizations > CHAPTER 1541—NAVAL SEA CADET CORPS > § 154105. Powers

§ 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.