((a)) ** .—** The corporation may—
((1)) adopt and amend a constitution and bylaws;
((2)) adopt and alter a corporate seal, emblems, and badges;
((3)) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;
((4)) make contracts;
((5)) accept gifts, legacies, and devises that will further the purposes of the corporation;
((6)) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation;
((7)) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property;
((8)) establish, regulate, and discontinue subordinate State and regional organizations and local chapters or posts;
((9)) establish and maintain offices to conduct the affairs of the corporation;
((10)) publish a magazine, newspaper, and other publications;
((11)) sue and be sued; and
((12)) do any other act necessary and proper to carry out the purposes of the corporation.
((b)) ** .—** Privileges granted to other national veterans’ organizations as a result of their being incorporated by Congress are also granted to the corporation.