In addition to the powers conferred on it by this act, the board may:
(a) acquire, own, improve, lease and alienate by onerous title all moveable and immoveable property;
(b) borrow money;
(c) notwithstanding the provisions of the Civil Code, hypothecate, mortgage or pledge, while retaining possession thereof, assign or transfer its moveable or immoveable property, present or future, to secure the payment of the bonds or securities issued, give a part only of such guarantees for the same objects, and constitute such hypothec, mortgage or pledge by trust deed in accordance with the Special Corporate Powers Act;
(d) accept any gift, legacy or other liberality, by gratuitous and unconditional title;
(e) appoint the personnel necessary to the carrying out of its functions, define their duties and, subject to section 5, fix their remuneration.