Sec. 10.
The organization, existence, membership, and all acts taken before the effective date of this act by an authority incorporated or purporting to be incorporated under Act No. 55 of the Public Acts of 1963, being sections 124.351 to 124.359 of the Michigan Compiled Laws; an authority having a population of less than 1,000,000 incorporated or purporting to be incorporated under the metropolitan transportation authorities act of 1967, Act No. 204 of the Public Acts of 1967, being sections 124.401 to 124.425 of the Michigan Compiled Laws; or an authority created or purported to be created under an interlocal agreement pursuant to Act No. 7 of the Public Acts of 1967, being sections 124.501 to 124.512 of the Michigan Compiled Laws, are hereby validated and ratified.
History: 1986, Act 196, Imd. Eff. July 10, 1986
Structure Michigan Compiled Laws
Act 196 of 1986 - Public Transportation Authority Act (124.451 - 124.479)
Section 124.451 - Short Title.
Section 124.452 - Definitions.
Section 124.454 - Public Authority; Formation by Political Subdivision; Articles of Incorporation.
Section 124.456 - Articles of Incorporation; Contents.
Section 124.459 - Tax Limitations.
Section 124.460 - Validation and Ratification of Acts Taken Before Effective Date of Act.
Section 124.463 - Additional Powers of Public Authority.
Section 124.464 - Additional Powers of Public Authority.
Section 124.465 - Collective Bargaining Agreements; Employees Entering Military Service.
Section 124.466 - Exemption of Public Authority From Certain Acts in Exercise of Powers.
Section 124.467 - Public Transportation Service; Financing.
Section 124.468 - Tax Levy; Collection.
Section 124.469 - Additional Tax Levy.
Section 124.471 - Duties of Public Authority.
Section 124.472 - Notes and Bonds Generally.
Section 124.476 - Investments; Use of Investment Income.
Section 124.477 - Notes and Bonds as Securities.
Section 124.478 - Validation and Ratification of Prior Acts.