The corporation may—

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

((2)) adopt and alter a corporate seal;

((3)) choose officers, trustees, managers, agents, and employees as the activities of the corporation require;

((4)) make contracts;

((5)) acquire, own, lease, encumber, and transfer property as necessary or convenient to carry out the purposes of the corporation;

((6)) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and

((7)) sue and be sued.