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Section 125.4202 Authority; Establishment; Restriction; Public Body Corporate; Powers Generally.

MI Comp L § 125.4202 (2019) (N/A)
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Sec. 202.

(1) Except as otherwise provided in this subsection, a municipality may establish 1 authority. If, before November 1, 1985, a municipality establishes more than 1 authority, those authorities may continue to exist as separate authorities. Under the conditions described in section 203a, a municipality may have more than 1 authority within that municipality's boundaries. A parcel of property shall not be included in more than 1 authority created by this part.

(2) An authority shall be a public body corporate which may sue and be sued in any court of this state. An authority possesses all the powers necessary to carry out the purpose of its incorporation. The enumeration of a power in this part shall not be construed as a limitation upon the general powers of an authority.

History: 2018, Act 57, Eff. Jan. 1, 2019

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Section 125.4201a Legislative Findings.
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Section 125.4203 Resolution of Intent to Create and Provide for Operation of Authority; Public Hearing on Proposed Ordinance Creating Authority and Designating Boundaries of Downtown District; Notice; Exemption of Taxes From Capture; Action by Library Board or Commission; Adoption, Filing, and Publication of Ordinance; Altering or Amending Boundaries; Agreement With Adjoining Municipality; Agreement With Qualified Township.