Republic Acts1 min read
Section 3Sec./Art. 3
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Juridical Personality and Legal Capacity of the Board. - The Board, as the governing body of the Fund, shall have juridical personality with full legal capacity to:
(a) Contract;
(b) Acquire and dispose of immovable and movable property;
(c) Institute legal proceedings;
(d) Negotiate, conclude, and enter into a hosting arrangement with the World Bank as interim trustee and host of the Fund's secretariat; and
(e) Undertake activities as necessary for discharging its roles and functions.
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