(1) adopt and amend bylaws;
(2) adopt and alter a corporate seal;
(3) acquire, own, lease, encumber, and transfer property to carry out the purposes of the corporation;
(4) accept and administer a trust for educational purposes;
(5) borrow money, issue instruments of indebtedness, and secure its obligations by granting security interests in its property; and
(6) sue and be sued in any court of the United States, or other court of competent jurisdiction.