Sec. 7.
Such authority shall be a body corporate with power to sue and be sued in any court of this state. It shall possess all the powers necessary to carry out the purpose of its incorporation and those incident thereto. The enumeration of any powers in this act shall not be construed as a limitation upon such general powers.
History: 1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.957
Structure Michigan Compiled Laws
Chapter 123 - Local Government
Act 31 of 1948 (1st Ex. Sess.) - Building Authorities (123.951 - 123.965)
Section 123.952 - Joint Buildings and Parking Lots; Authorities; Incorporation; Purposes.
Section 123.953 - Incorporating Unit; Definition.
Section 123.954 - Incorporation of Authority; Procedure.
Section 123.955b - Board of Commissioners; Compensation, per Diem, Mileage.
Section 123.957 - Building Authority; Body Corporate; Powers.
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 123.961b - 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Section 123.961c - Repealed. 2002, Act 306, Imd.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Section 123.961i - Repealed. 2002, Act 306, Imd.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Section 123.961k - Repealed. 2002, Act 306, Imd.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.