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CA 519 Section 3

CA 519 Section 3

Section 3

SEC. 3. For carrying out the foregoing objectives, the National Tobacco Corporation shall have authority: To-buy, sell, import, export, deal in, barter, exchange, and handle in every other manner, leaf tobacco and manufactures thereof; To own, lease, or operate trucks, railway lines, elevators, vessels, or any other means of land, water, or aerial transportation, and warehouses, structures, machineries, and equipment of every nature and kind for the storage, handling, utilization, and sale of tobacco and manufactures thereof; To provide credit¦facilities to tobacco planters directly or through credit .cooperative associations or any other class of financial institutions; To promote, foster, and encourage the organization of cooperative associations among tobacco producers or dealers and, if conditions so warrant, to act as managers of said associations; To supply or help in (any manner in furnishing the necessary and adequate capital to cooperatives organized under existing law or rules and regulations promulgated thereunder; and To act as agent, broker, or commission merchant of producers cooperative associations or act as manufacturer's agent.

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Other provisions in CA 519

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationCA 519 Section 3 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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