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2023 Michigan Compiled Laws
Chapter 124 - Municipalities
Act 55 of 1963 - Mass Transportation System Authorities (124.351 - 124.359)
AN ACT to provide for the incorporation of public authorities to acquire, own, and operate or cause to be operated mass transportation systems; to require the state to guarantee payment of certain claims against certain transportation authorities and to give the state a lien in satisfaction of payment; to prescribe the rights, powers, and duties of those public authorities; to provide for the issuance of bonds; to provide for the levy and collection of certain taxes; and to authorize contracts between those authorities and either public or private corporations to carry out the operation of those mass transportation systems.
History: 1963, Act 55, Imd. Eff. Apr. 29, 1963 ;-- Am. 1980, Act 397, Imd. Eff. Jan. 8, 1981 ;-- Am. 1980, Act 410, Imd. Eff. Jan. 9, 1981
- Section 124.351 - Definitions.
- Section 124.352 - Incorporation of Public Authority; Purpose; Operation of System; Articles of Incorporation; Adoption; Indorsement; Publication; Filing; Operative Date; Presumption of Validity; Cessation of Operation or Dissolution of Authority; State Guaranteed Payment of Claims for Benefits; Lien of State.
- Section 124.352a - Release of Political Subdivision From Membership in Authority; Conditions; Levy and Payment of Tax; Evidence of Release.
- Section 124.353 - Articles of Incorporation; Contents.
- Section 124.354 - Authority as Body Corporate; Powers.
- Section 124.354a - Eligibility of Public Authority to Apply for and Receive Funds Under MCL 247.660e.
- Section 124.355 - Authority as Body Corporate; Property; Condemnation.
- Section 124.356 - Fares; Contracts.
- Section 124.357 - Self-Liquidating Revenue Bonds; Issuance; Source of Payment; Property Tax; Limitation; Election; Resolution; Submitting Proposition to Electors; Conduct; Canvass; Costs; Tax Rate; Levy and Collection.
- Section 124.357a - Authority; Tax Limitations.
- Section 124.358 - Property Owned by Authority; Exemption From Taxes or Special Assessments for Municipal Services.
- Section 124.359 - Additional Powers.
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