Section 101. Short title; purpose

This article shall be known and may be
  cited  as  the  "interstate  corrections  compact".  The  party  states,
  desiring  common action to fully utilize and improve their institutional
  facilities and provide adequate programs for the confinement,  treatment
  and rehabilitation of various types of offenders, declare that it is the
  policy  of  each  of  the  party  states  to provide such facilities and
  programs on a basis of cooperation with one another, thereby serving the
  best interests of such offenders and of society and effecting  economies
  in  capital  expenditures  and  operational  costs.  The purpose of this
  compact is to provide for the mutual development and execution  of  such
  programs   of   cooperation   for   the   confinement,   treatment   and
  rehabilitation of offenders with the most economical use  of  human  and
  material resources.