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.
(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1362.)
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