Section 1143 - Powers and dutiesThe foundation shall have the following powers and duties:
(1) It shall maintain a principal office at such place as shall be designated by the secretary.(2) It may contract and be contracted within its own name.(3) It may sue and be sued in its own name, and plead and be impleaded. Any and all actions at law or in equity against it shall be brought only in Dauphin County.(4) It shall have an official seal.(5) It shall make necessary bylaws, rules and regulations for the management and regulation of its affairs.(6) It shall have the power and authority to acquire, own, use, hire, lease, operate and dispose of personal property, real property and interests in real property.(7) It may make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this act.(8) It may employ such employes as may, in the judgment of the board of trustees, be necessary and to fix their compensation.(9) It shall not be required to pay any taxes or assessments on any property acquired or used by it.1967, June 13, P.L. 31, No. 21, art. 11, § 1143.