(1) Plan and conduct a program of research, market development, and advertising designed to promote the catfish industry in Arkansas;
(2) Use funds derived from the assessments imposed in this chapter for research, extension, market development, and advertising designed to promote the catfish industry in Arkansas, including salaries and administration expenses;
(3) Have perpetual succession as a body politic and corporate and adopt bylaws for the regulation of its affairs and the conduct of its business;
(4) Prescribe rules and policies in connection with the performance of its functions and duties;
(5) Sue and be sued in its own name;
(6) Purchase, sell, or lease property of every description, real, personal, or mixed, including buildings or other facilities and equipment for the conduct of its business;
(7) Execute contracts and other instruments necessary or convenient in the exercise of its powers and functions; and
(8) Do any other acts and things necessary or convenient to carry out the purposes of this chapter and to exercise the powers granted by this chapter.
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