(1) have perpetual succession;

(2) sue and be sued;

(3) adopt, use, and alter a corporate seal;

(4) define a quorum for its meetings;

(5) maintain a principal office, which shall be located in Bennettsville;

(6) make bylaws for the management and regulation of its affairs;

(7) acquire, hold, and manage real estate;

(8) make contracts of all sorts and to execute all instruments necessary or convenient for the carrying on of the business of the authority; and

(9) do all other acts and things necessary or convenient to carry out any function or power committed or granted to the authority.