(a) The Board of Trustees of Henderson State University created in § 6-66-101 is charged with the management and control of Henderson State University.
(b) The board shall have the power, authority, and duties formerly conferred by law on the board it succeeds, including those set forth in this section.
(c) The board shall be charged with the liabilities of the corporate body which it succeeds.
(d)
(1) The board shall:
(A) Have perpetual succession of officers and members;
(B) Have the right to use and keep a common seal and to alter the seal at will;
(C) Have the right to contract and be contracted with;
(D) Have the right to own and purchase, sell, and convey property, real, personal, and mixed; and
(E) Be authorized and empowered to receive and hold donations, devises, bequests, and legacies for the use and benefit of the institution, provided that all property purchased under the authority of this chapter shall be free from liens and encumbrances, and the title of the property, as well as to any donation that the board may receive, shall be taken in the name of the members of the board and shall become the property of the State of Arkansas.
(2) The board shall have full power and authority from time to time to make, constitute, and establish such bylaws, rules, and orders not inconsistent with the laws of the land as seem necessary to it for the regulation, government, and control of themselves as trustees and all officers, teachers, and other persons in the institution, as well as with reference to limitations as to number of pupils to be admitted.
(3) The board shall fix and regulate tuition, all fees, costs, and other charges for attendance at the university.
(4) Admission requirements shall be established by the board in accordance with policies adopted by the board and consistent with the laws and rules of this state.
(5) The board may:
(A) Hire and regulate faculty and staff;
(B) Establish and regulate the curriculum; and
(C) Grant diplomas and degrees.