{"data":{"id":"us/15-u.s.c.-146","jurisdiction":"us","citation":"15 U.S.C. § 146","heading":"General powers of corporation","body":"In addition to the powers granted elsewhere in this chapter, a China Trade Act corporation—(a) Shall have the right of succession during the existence of the corporation; (b) Shall have a corporate seal and may, with the approval of the Secretary, alter it; (c) May sue and be sued; (d) Shall have the right to transact the business authorized by its articles of incorporation and such further business as is properly connected therewith or necessary and incidental thereto; (e) May make contracts and incur liabilities; (f) May acquire and hold real or personal property, necessary to effect the purpose for which it is formed, and dispose of such property when no longer needed for such purposes; (g) May borrow money and issue its notes, coupon or registered bonds, or other evidences of debt, and secure their payment by a mortgage of its property; and (h) May establish such branch offices at such places in China as it deems advisable.","path":["Title 15—COMMERCE AND TRADE","CHAPTER 4—CHINA TRADE"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc15@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:39Z","sha256":"c2b3b9512c61a748825b368b1f545c39bb8bb06d7c00be65cdb5afd4eb1ca26f","source_id":"us","stale":true,"prev":"us/15-u.s.c.-145","next":"us/15-u.s.c.-146a"},"notice":"GroundRules: Original legal text. Not legal advice."}