Powers and Duties of the Board.
Section 6
SEC. 6. Powers and Duties of the Board.—The board of trustees shall exercise the following powers and duties; To formulate plans and programs and promulgate such policies, procedures, rules and regulations as may be necessary for the effective operation of the metals industry development center; To receive, administer, dispose of and disburse the funds of the center; To receive in trust legacies, gifts and donations of whatever kind given to the center; To appoint the technical and administrative personnel of the center and fix their compensation, terms of office, and other conditions of employment; To create donor positions which shall accommodate exceptionally qualified research engineers or scientists in metallurgy from both government and private sector and visiting research scientists; To enter into contracts for and in behalf of the center; and to exercise such other powers and functions as may be necessary to carry out the provisions of this Act.