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The officers of the grand lodge of the state of Tennessee, of the Independent Order of Odd Fellows, and their regular successors, are a body politic and corporate, by the name and style of “The Grand Lodge of the Independent Order of Odd Fellows of the State of Tennessee” and, by that name, are invested with power to acquire, possess, occupy, and enjoy real and personal estate, and to sell and convey, or otherwise dispose of the same under the bylaws, rules, and regulations of the lodge; provided, that such bylaws, rules and regulations shall not be contrary to the constitutions of the United States and of this state.
The corporation, in its name, shall be competent to contract and be contracted with; to sue and be sued, plead and be impleaded, in all courts; to have and use a common seal and to alter the same at its pleasure.
The right of any future general assembly to alter, repeal, or amend this part is expressly reserved.