The corporation shall have all the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter, including, but not limited to, the power to:

(1)  Sue and be sued, complain and defend, in its corporate name;

(2)  Have a seal which may be altered at pleasure, and use the seal by causing it, or a facsimile thereof, to be impressed or affixed or in any other manner reproduced;

(3)  Purchase, take, receive, or otherwise acquire, own, hold, use, and otherwise deal in and with, intangible personal property, or any interest therein;

(4)  Sell, convey, pledge, exchange, transfer, and otherwise dispose of all or any part of accounts for such consideration and upon such terms and conditions as the corporation shall determine;

(5)  Make contracts and incur liabilities, and borrow money at such rates of interest as the corporation may determine;

(6)  Make and execute all contracts, agreements, and instruments necessary or convenient in the exercise of the powers and functions of the corporation granted by this chapter;

(7)  Invest and reinvest its funds;

(8)  Conduct its activities, carry on its operations, and have offices and exercise the powers granted by this chapter;

(9)  Make and alter by-laws, not inconsistent with this chapter, for the administration and regulation of the affairs of the corporation, and the by-laws may contain provisions indemnifying any person who is or was a director, officer, employee, or agent of the corporation, in the manner and to the extent provided in § 7-1.2-814; and

(10)  Have and exercise all powers necessary or convenient to effect its purposes.