§ 3612a. General powers of Commission
(a)
Corporate seal
The Commission may adopt, alter, and use a corporate seal, which shall be judicially noticed.
(b)
Bylaws
The Commission may by action of the Board of Directors adopt, amend, and repeal bylaws governing the conduct of its general business and the performance of the powers and duties granted to or imposed upon it by law.
(c)
Suits by and against Commission
The Commission may sue and be sued in its corporate name, except that—
(1)
the amenability of the Commission to suit is limited by Article VIII of the Panama Canal Treaty of 1977, section
3761 of this title, and otherwise by law;
(2)
an attachment, garnishment, or similar process may not be issued against salaries or other moneys owed by the Commission to its employees except as provided by section
5520a of title
5 and sections
659,
661, and
662 [1] of title
42, or as otherwise specifically authorized by the laws of the United States; and
(d)
Contracts, leases, agreements, or other transactions
The Commission may enter into contracts, leases, agreements, or other transactions.
(e)
Obligations and expenditures
The Commission—
(f)
Priority in payment of debts out of bankrupt estates
The Commission shall have the priority of the Government of the United States in the payment of debts out of bankrupt estates.
(g)
Appointment of notaries public
(1)
The Commission may appoint any United States citizen to have the general powers of a notary public to perform, on behalf of Commission employees and their dependents outside the United States, any notarial act that a notary public is required or authorized to perform within the United States. Unless an earlier expiration is provided by the terms of the appointment, any such appointment shall expire three months after the Canal Transfer Date.
[1] See References in Text note below.