36 U.S.C. § 80304: Powers

The corporation may—(1) adopt and amend a constitution, bylaws, and regulations, including regulations for the election of associates and successors; (2) adopt and alter a seal; (3) have offices and conduct its activities in the District of Columbia and in the States, territories, and possessions of the United States; (4) acquire, own, lease, encumber, and transfer property, and use any income from the property, as necessary to carry out the purposes of the corporation; (5) sue and be sued within the jurisdiction of the United States; and (6) do any other act necessary to carry out this chapter and the purposes of the corporation.