36 USC 21303 – Powers
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The corporation may—
(1) adopt a constitution and bylaws; and
(2) hold property in the District of Columbia necessary to carry out the purposes of the corporation.
Terms Used In 36 USC 21303
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.