The corporation may—
((1)) adopt and amend a constitution and bylaws for the management of its property and the regulation of its affairs;
((2)) adopt and alter a corporate seal;
((3)) choose officers, managers, agents, and employees as the activities of the corporation require;
((4)) make contracts;
((5)) acquire, own, lease, encumber, and transfer property as necessary 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;
((7)) use corporate funds to give prizes, awards, loans, scholarships, and grants to deserving students to carry out the purpose of the corporation;
((8)) publish a magazine and other publications;
((9)) sue and be sued; and
((10)) do any other act necessary and proper to carry out the purpose of the corporation.