Section 7Sec./Art. 7

Authorized Capital Stock.- The authorized capital stock of the Corporation shall be Two billion pesos (P2,000,000,000) to be divided into two billion common and voting shares, with the par value of One peso (P1.00) per share, sixty percent (60%) thereof to be subscribed solely by the national government and/or government-owned or -controlled corporations and forty percent (40%) thereof solely by small farmers, fisherfolk, their cooperatives and other private investors:Provided, however,That the shares of the national government and government-owned or -controlled corporations may be sold to one another but not to private investors.