The board may:
(1) Contract and cooperate with any person, organization, or governmental department or agency for education, research, theft prevention, and carrying out the provisions of chapters 40-18 to 40-22, inclusive, and chapter 40-29;
(2) Expend the funds collected pursuant to chapters 40-19, 40-21, and 40-29, and appropriated for their administration; and
(3) Accept donations of funds, property, services, or other assistance from public or private sources to carry out the provisions of chapters 40-18 to 40-22, inclusive, and chapter 40-29; and
(4) Develop and disseminate information relating to the purpose of livestock ownership inspection and theft prevention.