Subject to the requirements of this part, the division shall: (1) establish, operate, and maintain a bibliographic control system; (2) cooperate with: (a) other state or national libraries or library agencies; and (b) the federal government or agencies in accepting federal aid whether in the form of funds or otherwise; (3) receive bequests, gifts, and endowments of money and deposit the funds with the state treasurer to be placed in the State Library Donation Fund, which funds shall be held for the purpose, if any, specifically directed by the donor; and (4) receive bequests, gifts, and endowments of property to be held, used, or disposed of, as directed by the donor: (a) in accordance with the division's policies for collection development; and (b) with the approval of the Division of Finance.
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