(1) The Arkansas Archeological Survey shall serve as the repository for copies of all archeological field notes, photographs, publications, or other records obtained through the use of state funds by whatever agency.
(2) All archeological objects found through the efforts of the survey shall be deposited at the University of Arkansas museum, provided, archeological objects obtained by survey archeologists while under contract to and assigned to a cooperating institution, upon request of the cooperating institution, may be assigned to the custody of the institution if appropriate and adequate safeguards are provided.