Section 124.462 - Powers of public authority generally; public authority as public benefit agency and instrumentality of state.
PUBLIC TRANSPORTATION AUTHORITY ACT (EXCERPT)
Act 196 of 1986
124.462 Powers of public authority generally; public authority as public benefit agency and instrumentality of state.
Sec. 12.
A public authority created under this act may plan, promote, finance, acquire, improve, enlarge, extend, own, construct, operate, maintain, replace, and contract for public transportation service by means of 1 or more public transportation systems and public transportation facilities. A public authority is a public benefit agency and instrumentality of the state with all the powers of a public corporation, to accomplish its purposes and to control, operate, administer, and exercise the franchise of the public transportation system and public transportation facilities, if any.
History: 1986, Act 196, Imd. Eff. July 10, 1986