SEC. 3. General corporate powers.&mdashThe Authority shall have the power to adopt, alter, and use a corporate seal which shall be judicially noticed; to lease or own real and personal property and to sell, mortgage or otherwise dispose of the same; to sue and be sued; and to exercise such other general powers as are authorized under the Corporation Law.
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
CitationRA 3961 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).
