Powers.
Section 6
SEC. 6. Powers. – The CODA shall have the following powers: 1. To administer and regulate the cotton industry in the Philippines; 2. To incur any obligation or enter into contract with any person, material or juridical, domestic or foreign, essential to the proper administration of its affairs and the accomplishment of its purposes and objectives; 3. To own, purchase, lease, mortgage, encumber or otherwise dispose of real and personal property in accordance with its purposes and objectives; 4. To accept and receive financial and other support from private and other sources for the development and promotion of the cotton industry; 5. To promulgate and enforce rules and regulations on the production of cotton; 6. To impose administrative sanctions for violation of the rules and regulations issued by the CODA; 7. To establish, operate and maintain testing and experimental stations; 8. To accredit associations/confederations of cotton farmers, growers, textile millers, ginners and other associations involved with the cotton industry; and 9. To undertake measures to ensure that small farmers receive a fair price for their produce.