11-7-105 - Authority of board.
11-7-105. Authority of board.
In carrying out the purposes of the trust fund, the board is authorized to do the following:
(1) Acquire for the state, by purchase or by donation, and convey, sell, exchange, lease or otherwise transfer any interest in real property; however, the board does not have the power of eminent domain;
(2) Make grants or loans to state, federal or local governments and to nonprofit organizations, in order to carry out the purposes of this chapter including, but not limited to, grants or loans provided to acquire a fee simple or other interest in real property;
(3) Enter into contracts and cooperative agreements, other than grants or loans pursuant to subdivision (2), with state, federal and local governments, with private individuals and corporations, and with associations and organizations, as the trust fund may deem necessary or convenient to enable the fund to carry out the purposes of this chapter;
(4) Adopt, amend and repeal bylaws;
(5) Appoint an executive director of the fund and such other staff as is necessary to carry out the provisions of this chapter;
(6) Adopt policies and guidelines for the use of the trust fund, including the procedure for identifying projects, establishing conservation priorities and allocating money from the trust fund; and
(7) Take any other necessary actions to carry out the provisions of this chapter.
[Acts 2005, ch. 444, § 2.]