Part 3 - Legal Status and Capacity

2. Each First Nation and the United Anishnaabeg Councils are separate legal entities, with the capacity, rights, powers and privileges of a natural person, such as to:
   
   
   1. enter into all forms of agreements;
      
      
   2. acquire, hold, sell or exchange real property, and any interest therein;
      
      
   3. acquire, hold, expend, invest and borrow money and securities, or guarantee the repayment of money or securities;
      
      
   4. carry on business;
      
      
   5. sue, or be sued, in its own name; and
      
      
   6. do other things ancillary to its capacities, rights, powers, and privileges.