1. (a) The commission may:

   1. (1) acquire and dispose of real or personal property by grant, gift, purchase, lease, devise, or otherwise; and

   2. (2) hold, use, improve, maintain, operate, own, manage, or lease as lessor or lessee real or personal property or any interest in that property;

      for the purposes prescribed by this chapter.

2. (b) The commission may exercise the powers granted by this section for the development of the water resources of the basin.

   [Pre-1995 Recodification Citation: 36-7-6-14.]

As added by P.L.1-1995, SEC.23.