There is hereby authorized to be created a private corporation
for profit (hereinafter in this chapter referred to as the
"corporation"). The corporation will not be an agency or
establishment of the United States Government. The corporation
shall be subject to the provisions of this chapter and, to the
extent consistent with this chapter, to the District of Columbia
Business Corporation Act.
(b) Creation of additional corporations
Whenever the President finds it in the national interest to do
so, he may cause the creation of an additional corporation or
additional corporations to carry out the purposes of this chapter.
All the provisions of this chapter shall thereupon become
applicable to each such corporation, and to the limited partnership
formed by it pursuant to section 3937 of this title.
(c) Creation of corporations and organization of other
partnerships, joint ventures, or associations by private persons
Nothing in this chapter shall be construed to preclude private
persons from creating other corporations and organizing other
partnerships, joint ventures, or associations for the purposes set
forth in this chapter as the purposes of the corporation and the
partnership described in section 3937 of this title.