((a)) ** .—** The corporation may—

((1)) adopt and amend bylaws and regulations, including regulations for the election of associates and successors;

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

((3)) have offices and conduct its activities in the District of Columbia and the States, territories, and possessions of the United States;

((4)) acquire and own property as necessary to carry out the purposes of the corporation;

((5)) sue and be sued within the jurisdiction of the United States; and

((6)) do any other act necessary to carry out this chapter and promote the purpose of the corporation.

((b)) ** .—**

((1)) The corporation may execute mortgages and liens on the property of the corporation only if approved by a two-thirds vote of the entire executive board at a meeting called for that purpose.

((2)) The corporation may dispose in any manner of the whole property of the corporation only with the written consent and affirmative vote of a majority of the members of the corporation.