§ 15-3-103 - Establishment of the authority.

15-3-103. Establishment of the authority.

There is established for the State of Arkansas the Arkansas Science and Technology Authority, hereinafter referred to as the "authority", which shall have the powers, functions, and duties, as provided in this chapter, to be the instrumentality of this state to exert leadership in and to give direction to a broad spectrum of programs and services designed to gain for this state and its people the benefits and opportunities to be realized through advanced science and technology.