Sec. 5.
(1) A management contract shall be for a term of years specified in the management contract.
(2) The treasurer may terminate a management contract based on the criteria specified in the management contract.
History: 2000, Act 161, Imd. Eff. June 16, 2000 ;-- Am. 2007, Act 153, Imd. Eff. Dec. 20, 2007