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(1) The State Charter School Board may:
(a) enter into contracts;
(b) sue and be sued; and
(c)
(i) at the discretion of the charter school, provide administrative services to, or perform other school functions for, charter schools authorized by the State Charter School Board; and
(ii) charge fees for the provision of services or functions.
(2) The state board shall:
(a) approve the annual budget and expenditures of the State Charter School Board; and
(b) otherwise grant autonomy to the State Charter School Board to manage the State Charter School Board's budget.