(2) Said association may: (a) Employ or retain such persons as are necessary to handle claims and perform other duties of said association; (b) borrow such funds as may be necessary from time to time to effect the purposes of sections 38a-836 to 38a-853, inclusive, in accord with the plan of operation under section 38a-842; (c) sue or be sued; (d) intervene as a matter of right as a party in any p