An agreement described in section 26 of this chapter must provide for the following:

1. (1) The duration of the agreement.
2. (2) The purpose of the agreement.
3. (3) The manner of financing, staffing, and supplying the joint undertaking and of establishing and maintaining a budget for the joint undertaking.
4. (4) The methods that may be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon partial or complete termination of the agreement.
5. (5) The manner of acquiring, holding, and disposing of real and personal property used in the joint undertaking.
6. (6) Any other appropriate matters.

As added by P.L.203-2005, SEC.15.