Section 7-606 - Obligations of Administration on acquisition of transit facilities.
§ 7-606. Obligations of Administration on acquisition of transit facilities.
If the Administration acquires existing transit facilities from a public or privately owned public utility, whether by condemnation or otherwise, the Administration shall assume all existing labor contracts and pension obligations.
[An. Code 1957, art. 64B, § 37; 1977, ch. 13, § 2.]