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2006 Michigan Compiled Laws - Act 13 of 1966


REFUNDING BONDS OF MACKINAC BRIDGE AUTHORITY; TRANSFER OF AUTHORITY TO STATE HIGHWAY DEPARTMENT

Act 13 of 1966

AN ACT to implement the provisions of section 14 of the schedule and temporary provisions of the constitution of this state by providing for the issuance and sale of full faith and credit bonds of the state to refund the outstanding bonds heretofore issued by the Mackinac bridge authority and upon such refunding to abolish the Mackinac bridge authority and to transfer the operation, maintenance, repair and replacement of the Mackinac bridge to the state highway department with power to fix and collect tolls, fees and charges for the use of the bridge, its services and facilities.


History: 1966, Act 13, Imd. Eff. Apr. 6, 1966




The People of the State of Michigan enact:

DocumentDescription
Section 254.361Refunding bonds; issuance, purpose.
Section 254.362Refunding bonds; amount; application of funds, pledge of state credit, appropriation.
Section 254.363Refunding bonds; issuance and sale, terms and conditions.
Section 254.364Refunding bonds; negotiability and tax exemption.
Section 254.365Refunding bonds; execution, officers, manner.
Section 254.366Issuance and sale of refunding bonds; approval of board, commission or agency.
Section 254.367Public sale; terms and conditions; disposition of proceeds.
Section 254.368Powers of commission.
Section 254.369Repealed. 2005, Act 329, Imd. Eff. Dec. 28, 2005
Section 254.370Fixing of tolls, fees, rents, and charges; commission powers, legislative intent.
Section 254.371Operation of bridge as part of state highway system; expenses, tolls and fees.
Section 254.372Employees of authority; transfer to commission, credit for time.

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