(a) The commission shall do all of the following:

(1) Meet at such times and places as it shall determine necessary or convenient to perform its duties. The commission shall also meet on the call of the chairperson or the Governor;

(2) Maintain minutes of its meetings;

(3) Adopt rules and regulations for the transaction of its business;

(4) Establish criteria for determining eligibility for receipt of disbursements from the trust fund;

(5) Accept applications for disbursements of available money from the trust fund for child abuse and neglect prevention purposes;

(6) Maintain records of all expenditures of the commission, funds received as gifts and donations, and disbursements made from the trust fund; and

(7) Conform to the standards and requirements prescribed by the state auditor pursuant to Chapter 6 of Title 50.

(b) The commission shall utilize existing state resources and staff of participating departments whenever practicable.