Sulu Development Company created.
Section 3
SEC. 3. Sulu Development Company created.— For the purpose of carrying out the declared policy in Section two hereof, there is hereby created a body corporate to be known as the "Sulu Development Company, (SUDECO)" for short and hereinafter known as the Company, which shall be organized within six months after the approval of this Act. The Company shall execute the powers and functions herein vested and conferred upon it in such manner as will, in its judgment, aid to the fullest extent possible in carrying out the aims and purposes herein set forth.