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36 U.S.C. § 110304
in effect
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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) make contracts; (4) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation; (5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and (6) sue and be sued.

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