Us Code § 210105 - Powers
Full text of Us Code United States Code § 210105 — Powers, with citation guidance and answers to common questions.
§ 210105. Powers
The corporation may—
(1) adopt a constitution, bylaws, and regulations;
(2) adopt and alter a corporate seal;
(3) acquire and own property necessary to carry out the purposes of the corporation;
(4) give and dedicate its property to public agencies and purposes;
(5) maintain offices, hold meetings, and conduct business affairs in the District of Columbia and in the States, territories, and possessions of the United States;
(6) sue and be sued within the jurisdiction of the United States; and
(7) do any other act necessary and proper to carry out the purposes of the corporation.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1456.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 210105 | 36:4702 (words after 2d comma). | May 31, 1920, ch. 216, §2 (words after 2d comma), 41 Stat. 692. |
| 36:4707. | May 31, 1920, ch. 216, §7, as added Mar. 29, 1956, ch. 102, 70 Stat. 60. |
The text of 36:4707 is omitted as executed and obsolete.
In clause (1), the word "rules" is omitted as included in "regulations". The words "not inconsistent with the laws of the United States of America, or any State thereof" are omitted as unnecessary.
In clause (2), the words "adopt and alter" are substituted for "adopt . . . and the same to alter at pleasure" for consistency in the revised title.
In clause (3), the words "acquire and own property" are substituted for "hold such real and personal estate . . . and . . . receive real and personal property by gift, devise, or bequest" for consistency in the revised title and to eliminate unnecessary words.
In clause (6), the words "in courts of law and equity" are omitted as unnecessary and for consistency in the revised title.
About This Section
36 U.S.C. § 210105 is part of Title 36 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 36 U.S.C. § 210105. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
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