(a) The Arkansas Forestry Commission is authorized and directed to fully cooperate with the departments, officers, and agencies of the federal government to meet the requirements of the rules, regulations, and acts of Congress relating to the objectives of this subchapter and to accept all funds and lands that may be available for the furthering of the provisions of this subchapter.
(b) The commission is empowered to enter into such contracts and agreements with federal departments, officers, and agencies, not contrary to the laws of this state, as may be deemed necessary or convenient to the objectives of this subchapter.
(c) The commission is further empowered to pay to the federal government the amount of money specified in the agreements and contracts, including any payments of interest required by the contracts or agreements.
(d) All payments, whether for interest or otherwise, shall be made from the State Forestry Fund and shall not impose any liability upon the general credit or taxing power of the state.