Act 31 of 1948 (1st Ex. Sess.) Building Authorities (123.951 - 123.965)

Act 31 of 1948 (1st Ex. Sess.) Building Authorities (123.951 - 123.965)

Section 123.951 Local Building Authorities; Incorporation; Purposes; "Transit-Oriented Development" and "Transit-Oriented Facility" Defined.
Section 123.952 Joint Buildings and Parking Lots; Authorities; Incorporation; Purposes.
Section 123.952a Joint Buildings and Parking Lots of School Districts and Municipalities; Authorities; Incorporation; Acquisition; Operation; Maintenance; Use.
Section 123.952b Public Buildings Used for Disabled, Developmentally Disabled, or Mentally Disturbed Children; Constituent School Districts and Intermediate School Districts; Authority; Purpose; Contract.
Section 123.953 Incorporating Unit; Definition.
Section 123.954 Incorporation of Authority; Procedure.
Section 123.955 County and Municipal Building Authority; Articles of Incorporation; Contents; Eligibility of Governing Body Member for Membership or Appointment.
Section 123.955a Joint Building Authority; Commissioners; Election and Terms of Members; Chairperson; Secretary; Bylaws and Rules of Procedure; Elected Official as Member; Conducting Business at Public Meeting; Notice of Meeting.
Section 123.955b Board of Commissioners; Compensation, per Diem, Mileage.
Section 123.956 Articles of Incorporation; Publication; Statement; Filing; Effective Date; Presumption.
Section 123.957 Building Authority; Body Corporate; Powers.
Section 123.958 Contracts to Acquire Property; Leases and Subleases; Acquisitions Constituting Public Purpose; Stadiums.
Section 123.958a Agreement in Contract of Lease to Pay Cash Rental, Costs, and Expenses; General Obligations; Tax Levy; Other Funds; Setoff or Abatement of Cash Rentals.
Section 123.958b Contract of Lease; Full Faith and Credit General Obligation; Resolution Submitting Contract to Vote of Electors; Effective Date; Notice of Intention; Referendum Petition; Election.
Section 123.958c Violation of Mcl 168.1 to 168.992 Applicable to Petitions; Penalties.
Section 123.959 Building Authority; Acquisition of Property, Condemnation.
Section 123.960 Amendment of Articles of Incorporation.
Section 123.961 Building Authority Bonds or Building Authority Refunding Bonds; Purpose; Conditions; Issuance of Negotiable Bonds to Make Cash Rental Payments.
Section 123.961a Building Authority Revenue Bonds or Building Authority Revenue Refunding Bonds; Purpose; Prerequisites of Issuance.
Section 123.961b Ordinance or Resolution Authorizing Issuance of Bonds; Adoption; Contents.
Section 123.961c Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Section 123.961d Bonds; Statutory Lien.
Section 123.961e Bonds; Use and Disposition of Proceeds.
Section 123.961f Additional Bonds.
Section 123.961g Bond and Interest Redemption Fund.
Section 123.961h Redemption of Bonds Prior to Maturity.
Section 123.961i Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Section 123.961j Bonds Subject to Revised Municipal Finance Act; Tax Exemption.
Section 123.961k Repealed. 2002, Act 306, Imd. Eff. May 13, 2002.
Section 123.962 Tax Exemption for Property.
Section 123.963 Bonds; Retirement; Conveyance of Title to Property.
Section 123.964 Construction of Act.
Section 123.965 Validation of Prior Authorities, Actions, and Bonds.

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