Section 124.456 - Articles of incorporation; contents.
PUBLIC TRANSPORTATION AUTHORITY ACT (EXCERPT)
Act 196 of 1986
124.456 Articles of incorporation; contents.
Sec. 6.
The articles of incorporation shall state the name of the public authority; the name or names of the incorporating authority or the incorporating political subdivisions; the portion of an incorporating city, village, or township to become part of the public authority, if less than the entire city, village, or township is to become part of the public authority; the purposes for which it is formed; the power, duties, and limitations of the public authority and its officers; the composition and method of selecting its governing body and officers; the person or persons charged with the responsibility of causing the articles of incorporation to be published and the printed copies of the articles of incorporation to be filed as provided in this act; the method of amending the articles of incorporation; and any other matters which the incorporators consider advisable.
History: 1986, Act 196, Imd. Eff. July 10, 1986