Powers and duties of commission

# (1)

accept and use gifts, grants, and contributions from any public or private source, under terms and conditions which the commission deems necessary and desirable;

# (2)

sue and be sued;

# (3)

enter into contracts and agreements;

# (4)

make rules and regulations necessary for the conduct of its business and the accomplishment of its purposes;

# (5)

receive and approve, alter, or reject requests and proposals for funding by corporations described in section 7 of this chapter;

# (6)

transfer money received under this chapter for the purposes specified in sections 7 and 7.5 of this chapter; and

# (7)

require financial or other reports from any corporation that receives funds under this chapter.

(b) A majority of the commission shall constitute a quorum for the transaction of business and the concurrence of a majority of those present shall be necessary to authorize any action.
As added by Acts 1976, P.L.22, SEC.1. Amended by P.L.49-1994, SEC.5.