((a)) ** .—** The corporation may—

((1)) adopt bylaws and regulations for the management of its property and the regulation of its affairs;

((2)) adopt seals, emblems, and badges;

((3)) choose officers, representatives, and agents as necessary to carry out the purposes of the corporation;

((4)) make contracts;

((5)) establish State and regional organizations and local posts;

((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)) publish a magazine, newspaper, and other publications consistent with the purposes of the corporation;

((9)) sue and be sued; and

((10)) do any other act necessary and proper to carry out the purposes of the corporation.

((b)) ** .—** The provisions, privileges, and prerogatives granted before , to other national veterans’ organizations because of their incorporation by Congress are granted to the corporation.