(a) The commission may:(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.
Indiana Legal Code