8. Corporation may hold property movable and immovable

Subject to the provisions of this Act the Corporation shall be able and capable in law to acquire and hold any property both movable or immovable which may become vested in it by virtue of any purchase, grant, gift, testamentary disposition, or otherwise, and all such property shall be held by the Corporation for the purpose of the Corporation and subject to the rules of the Corporation made under section 6

with full power to sell, mortgage, lease, exchange or otherwise dispose of the same.