(a)
(1) The Arkansas Corn and Grain Sorghum Promotion Board shall plan and conduct a program of research and extension designed to promote the corn and grain sorghum industry in Arkansas, and the board may use the funds derived from the assessments imposed in this subchapter for these purposes, including basic administration expenses of the plan.
(2) This program may include a program of market development as determined by the board.
(b)
(1) Use of these funds may be applied as prescribed in this subchapter within or without the State of Arkansas, including regional, national, and international applications.
(2) The funds may also be used to defray costs of referenda.