The Commission may adopt, alter, and use a corporate seal, which shall be judicially noticed.
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.
The Commission may enter into contracts, leases, agreements, or other transactions.
The Commission shall have the priority of the Government of the United States in the payment of debts out of bankrupt estates.
The authority of the Commission under this section and section 3612b of this title is subject to the Panama Canal Treaty of 1977 and related agreements, and to chapter 91 of title 31.