All contracts of the authority for the improvement, renovation, equipping, acquisition, provision, construction, and maintenance of Alabama state parks under the jurisdiction of the Alabama Department of Conservation and Natural Resources and public historical sites and public historical parks under the jurisdiction of the Alabama Historical Commission shall be in writing, shall be subject to the rules of, and shall be let under the supervision of, the Alabama Department of Conservation and Natural Resources or the Alabama Historical Commission and shall be subject to approval by the Governor and the Director of Finance. Contracts under the Alabama State Parks Enhancement Authority must also be approved by the Alabama Department of Conservation and Natural Resources or the Alabama Historical Commission. Any real or personal property acquired by the authority by purchase, gift, transfer, or otherwise shall be acquired in the name of the state and, as soon as possible, shall be conveyed to Department of Conservation and Natural Resources or the Alabama Historical Commission.
Ala. Code § 9-14F-15 (1975)