Powers of the SPE.
Section 10
SEC. 10. Powers of the SPE. — Each SPE shall have the power to: Accept the sale or transfer of assets; Issue and offer the ABS for sale to investors; Undertake on its own or through contracts with any person, such activities as contained in the approved Plan; Create any indebtedness or encumbrances to defray administrative or other necessary expenses as specified in the Plan; and Pay out or invest its funds in accordance with the Plan or as approved by the Commission.