§ 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.