In addition to any powers to sue and be sued heretofore conferred upon it, every institution shall have power, in its proper corporate name and style, if any, to sue, and also power to be sued on any bonds, agreements or other contractual or quasi-contractual obligations issued, made or incurred pursuant to this chapter and for the enforcement thereof and of any duty in connection therewith and of any debt thereon or evidence thereby and of any terms, provisions, conditions, or covenants contained therein or made in connection with the issuance, making or procuring thereof, and for the enforcement of any contract or agreement with or liability of any nature to a federal agency or the holders of any bonds or any trustee therefor or representative thereof.In addition to the powers now enjoyed by it, every institution shall have power in its proper corporate name and style, if any:
(b. To acquire and hold real or personal property or interests therein in its own name.
(c. To execute all instruments necessary or convenient for the purposes of this chapter.
(d. With the consent of the Governor, to issue bonds and to provide for the rights of the holders thereof and to secure the same, all as hereinafter provided.
(e. To perform any acts and do any things authorized by this chapter under, through or by means of its own officers, agents or employees, or by contracts with private corporations, firms or individuals.
(f. To do all acts and things necessary or convenient to carry out the powers and purposes expressly given in this chapter.
History
1933, p. 84.
