§ 13-5-904 - Powers of center. - Arkansas Statutes

13-5-904. Powers of center.

(a) The Mosaic Templars of America Center for African-American Culture and Business Enterprise shall have the power to enter into:

(1) Contracts for the purchase, construction, lease, or other acquisition of real property to house the center and to acquire or construct necessary support facilities;

(2) Contracts to purchase or lease personal property for use as exhibits or for use as research material; and

(3) Professional service contracts with appropriate professionals to assist in the establishment of the center and the development and operation of the center's programs and activities.

(b) The center shall have the authority to accept gifts of real or personal property and money.

(c) (1) The center shall have the authority to set fees related to the programs and services offered by the center, including, but not limited to, admission fees.

(2) (A) Income generated by fees shall be cash funds of the center to be used solely for the support of the center.

(B) Fee income shall be deposited in a bank account but shall be subject to appropriation by the General Assembly.

(d) The center may request the assistance of other appropriate state agencies in establishing and operating the center and its programs.