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Home » US Law » 2022 Michigan Compiled Laws » Chapter 124 - Municipalities » Act 55 of 1963 - Mass Transportation System Authorities (124.351 - 124.359)

Section 124.351 – Definitions.

124.351 Definitions. Sec. 1. As used in this act: (a) “Authority” means a public transportation authority formed under this act. (b) “Board” means the governing body of an authority. (c) “Goods” means baggage, accessories, or other personal property carried by or accompanying persons using public transportation service. (d) “Mass transportation systems” means all plants, equipment, […]

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.

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. Sec. 2. (1) The legislative body of any city having a population of not more than 300,000 […]

Section 124.353 – Articles of Incorporation; Contents.

124.353 Articles of incorporation; contents. Sec. 3. The articles of incorporation shall state the name of the authority, the purposes for which it is created, the power, duties and limitations of the authority and its officers, the method of selecting its governing body and officers, the person or persons who are charged with the responsibility […]

Section 124.354 – Authority as Body Corporate; Powers.

124.354 Authority as body corporate; powers. Sec. 4. The authority shall be a body corporate with power to sue and be sued in any court of this state. It shall possess all the powers necessary to carry out the purposes of its incorporation and all things incident thereto. The authority by contract may employ a […]

Section 124.355 – Authority as Body Corporate; Property; Condemnation.

124.355 Authority as body corporate; property; condemnation. Sec. 5. The authority may acquire property for a mass transportation system by purchase, construction, lease, gift or devise, either within or without the area served by such mass transportation system and may hold, manage, control, sell, exchange or lease such property. The authority may utilize any appropriate […]

Section 124.356 – Fares; Contracts.

124.356 Fares; contracts. Sec. 6. The authority shall have authority to charge such fares and enter into contracts for the service provided by the mass transportation system as shall be necessary to provide funds to meet the obligations of said authority. History: 1963, Act 55, Imd. Eff. Apr. 29, 1963

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.

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. Sec. 7. (1) For the purpose of acquiring, improving, enlarging, or extending a mass transportation system, the authority may issue self-liquidating revenue bonds under the revenue bond act of 1933, […]

Section 124.357a – Authority; Tax Limitations.

124.357a Authority; tax limitations. Sec. 7a. An authority is intended to and shall be deemed to be an authority the tax limitations of which are provided by charter or general law within the meaning of section 6 of article IX of the state constitution of 1963. History: Add. 1983, Act 137, Imd. Eff. July 18, […]

Section 124.359 – Additional Powers.

124.359 Additional powers. Sec. 9. The powers granted by this act are in addition to those granted by any other statute. History: 1963, Act 55, Imd. Eff. Apr. 29, 1963