(a) The Arkansas Department of Aeronautics shall have the right to:
(1) Receive grants and donations, appropriations, and other funds or materials on behalf of the state or any county or municipality for utilization in the development of aeronautics, provided that the department shall not have the right to use the funds received for a particular purpose for any other purpose without the consent of the person or agency providing the particular funds; and
(2) Plan and lay out a state system of landing fields, airports, and airways and to inspect them and to close any landing field or airport found to be unsafe.
(b) The department is authorized:
(1) To accept as a loan or a gift any aircraft made available for its use by the federal government or any agency thereof; or
(2) To match any funds made available by the federal government, any agency thereof, or any person or corporation with any moneys available to the department for the purpose of acquiring any aircraft which it may deem necessary to the proper performance of its duties as provided by law.
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