Powers and. functions.
Section 6
SEC. 6. Powers and. functions.—The Corporation shall, in addition to those provided under the Corporation Law, have the following powers and functions: To construct, equip, manage, operate, lease, purchase or sell dairy production facilities and equipment, dairy refrigeration facilities and storage equipment, milk distribution facilities, laboratories, or other facilities and equipment necessary for the production, collection, processing, quality control, storage, transport, distribution and sale of milk and dairy products; To produce, store, transport, distribute, buy, sell, or otherwise trade in milk and dairy products; To buy, import, propagate, store, distribute and sell dairy animals, semen, feed, forage seeds, fertilizers, veterinary supplies, dairy equipment and engineering supplies and such other inputs as may be needed by the dairy industry; To borrow, raise, or obtain funds, to issue bonds and other instruments of indebtedness, or to enter into any financial or credit arrangement in order to support or carry out its objectives and purposes, subject to pertinent laws governing public debts and expenditures; To receive grants, subsidies, donations or contributions from corporations, trusts, foundations, associations and other private sources and from any government office, agency or corporation; To establish, maintain or operate branches of offices in other parts of the Philippines or abroad as the purposes of the Corporation may require; and To perform such other acts as may be necessary to attain its corporate purposes and the objectives of this Act.