The board shall:
A. exercise trusteeship over the collections of the museum;
B. accept and hold title to all property for the museum's use;
C. review annually the performance of the director and report its findings to the secretary;
D. enter into agreements or contracts with private or public organizations, agencies or individuals for the purpose of obtaining real or personal property for the museum's use;
E. authorize the director to solicit and receive funds or property of any nature for the development of the museum, its collections and its programs;
F. adopt such rules as may be necessary to carry out the provisions of the Veterans Museum Act; and
G. establish policy, determine the mission and direct the development of the museum.