{"data":{"id":"us/36-u.s.c.-70505","jurisdiction":"us","citation":"36 U.S.C. § 70505","heading":"Powers","body":"The corporation may—(1) adopt and amend bylaws for the management of its property and the regulation of its affairs; (2) adopt and alter a corporate seal; (3) choose officers, managers, and agents as the activities of the corporation require; (4) make contracts; (5) acquire, own, lease, encumber, and transfer property as necessary 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; (7) sue and be sued; and (8) do any other act necessary and proper to carry out the purposes of the corporation.","path":["Title 36—PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS","CHAPTER 705—THE FOUNDATION OF THE FEDERAL BAR ASSOCIATION"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc36@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:59:24Z","sha256":"90138cfaf16865190261c59e505de4b99d8f5a3628b29f9ac2a2812c4d9b28fd","source_id":"us","stale":true,"prev":"us/36-u.s.c.-70504","next":"us/36-u.s.c.-70506"},"notice":"GroundRules: Original legal text. Not legal advice."}