36 USC 80104 – Property
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The corporation may—
(1) acquire, own, lease, encumber, and transfer property as necessary to carry out the purposes of the corporation; and
(2) issue instruments of indebtedness in relation to its real property.
Terms Used In 36 USC 80104
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.