Powers and Duties of the Board of Directors.
Section 10
SEC. 10. Powers and Duties of the Board of Directors. — The Board of Directors shall have the following powers and duties: To prescribe, amend and repeal rules and regulations governing the manner in which the general business of the Authority shall be conducted; To appoint and fix the compensation of the Administrator, Deputy Administrators for Agricultural Development, Administration and Budget, Cooperative Management and Agri-business, and to create such other offices and appoint their incumbent as may be necessary from time to time; To remove, suspend or otherwise discipline for cause, by a majority vote of all the members, any officer of the Authority; To approve the budget of the Authority; and To do such acts and perform such functions as are germane to the purposes as enumerated in Section 2 of this Decree.