Sec. 5. The department of economic expansion, in addition to its other powers and duties, may: (a) Accept, with legislative approval, grants of funds made by the United States or any department or agency thereof or other public or private agency or individual in this state or other states. (b) Enter into contracts with boards, commissions and agencies, both public and private, and with individuals to carry out the purposes of this act. (c) Succeed to the rights and carry out the obligations of this state with respect to existing contracts executed on behalf of the state by the department of economic development and execute necessary amendments thereto with the power to carry out the obligations set forth in such amendments. (d) Act as the state's official liaison agency with federal agencies concerned with economic development and public works programs. History: 1963, Act 116, Imd. Eff. May 10, 1963
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