As used in this chapter, "management contract" means a contract that:

1. (1) is entered into by the authority and a regulated energy utility; and

2. (2) provides for:

   1. (A) the delivery, billing, collection, and remittance of monies received for SNG delivered in the service area of the regulated energy utility; and
   2. (B) reasonable compensation for services provided by the regulated energy utility under the terms of the contract.

As added by P.L.2-2009, SEC.2.