Powers of the Foundation; related provisions

42 U.S. Code § 17355. Powers of the Foundation; related provisions

(a) PowersThe Foundation—
(1)
shall have perpetual succession unless dissolved by a law enacted after December 19, 2007;
(2)
may adopt, alter, and use a seal, which shall be judicially noticed;
(3)
may make and perform such contracts, grants, and other agreements with any person or government however designated and wherever situated, as may be necessary for carrying out the functions of the Foundation;
(4)
may determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid, including expenses for representation;
(5)
may lease, purchase, or otherwise acquire, improve, and use such real property wherever situated, as may be necessary for carrying out the functions of the Foundation;
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