The Trust shall have the following powers in coordination with its purposes: (a) To sue and be sued in its own name; (b) To hire its own legal counsel; (c) To hire or contract for the management of Trust assets and the conduct of Trust business; (d) To enter into and execute contracts and instruments of every kind and nature, necessary or convenient to the exercise of its powers and functions; (e) To have all corporate powers provided by law.
SOURCE: Added as GC § 13985.84 by P.L. 21-007:3 (Apr. 19, 1991). Repealed by P.L. 25-072:13(b) (Sept. 30, 1999), and reenacted by P.L. 27- 089:2 (May 6, 2004).