Act 196 of 1986 - PUBLIC TRANSPORTATION AUTHORITY ACT (124.451 - 124.479)
- Section 124.451 - Short title.
- Section 124.452 - Definitions.
- Section 124.453 - Public authority; formation generally; membership; articles of incorporation; approval.
- Section 124.454 - Public authority; formation by political subdivision; articles of incorporation.
- Section 124.455 - Articles of incorporation; endorsement as evidence of adoption; publication; filing; operative public authority; effective date of articles; validity of incorporation conclusively pr
- Section 124.456 - Articles of incorporation; contents.
- Section 124.457 - Membership after formation of public authority; resolution; approval, execution, filing, and publication of amendment to articles.
- Section 124.458 - Conditions to release from membership in public authority; taxes; transportation services; evidence of release; withdrawal from public authority; violation of MCL 168.1 to 168.992 ap
- Section 124.459 - Tax limitations.
- Section 124.460 - Validation and ratification of acts taken before effective date of act.
- Section 124.461 - Assumption, transfer, assignment, or conveyance of tax revenues, property, rights, duties, and obligations.
- Section 124.462 - Powers of public authority generally; public authority as public benefit agency and instrumentality of state.
- Section 124.463 - Additional powers of public authority.
- Section 124.464 - Additional powers of public authority.
- Section 124.465 - Collective bargaining agreements; employees entering military service.
- Section 124.466 - Exemption of public authority from certain acts in exercise of powers.
- Section 124.467 - Public transportation service; financing.
- Section 124.468 - Tax levy; collection.
- Section 124.469 - Additional tax levy.
- Section 124.470 - Contract with public authority to make payments, appropriations, or contributions; pledge of full faith and credit; tax levy; execution of contract.
- Section 124.471 - Duties of public authority.
- Section 124.472 - Notes and bonds generally.
- Section 124.473 - Notes and bonds; additional provisions; tax exemption; advancing money or delivering property to carry out powers and duties; repayment or payment.
- Section 124.474 - Loans.
- Section 124.475 - Revenues pledged for payment of debt service on bonds or notes subject to statutory lien; substitution of other security.
- Section 124.476 - Investments; use of investment income.
- Section 124.477 - Notes and bonds as securities.
- Section 124.478 - Validation and ratification of prior acts.
- Section 124.479 - Duration of financial obligation.