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639 of 1978 - Hertel-Law-T. Stopczynski Port Authority Act (120.101 - 120.130)
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Michigan Compiled Laws
Port Districts
639 of 1978 - Hertel-Law-T. Stopczynski Port Authority Act (120.101 - 120.130)
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Section
120.101
Short Title.
Section
120.102
Definitions.
Section
120.103
Port Authority; Exercise of Powers and Duties; Jurisdiction.
Section
120.104
Port Authority; Incorporation; Recommendations; Articles of Incorporation; Body Corporate and Politic; Public Purpose.
Section
120.105
Port Authority; Appointment and Terms of Members; Vacancy; Reappointment; Chairperson, Vice-Chairperson, and Secretary-Treasurer; Quorum; Voting; Expenses; Liability.
Section
120.106
Bond of Secretary-Treasurer.
Section
120.107
Advisory Committees and Councils.
Section
120.108
Port Authority; Powers Generally.
Section
120.109
Port Authority; Additional Powers.
Section
120.110
Port Authority; Additional Powers.
Section
120.111
Port Authority; Liability.
Section
120.112
Acquisition of Property by Purchase, Lease, or Condemnation; Sale or Removal of Structures; Sale or Lease of Property.
Section
120.113
Contracts for Acquisition, Improvement, Enlargement, or Extension of Port Facilities; Payment of Cost; Pledge of Full Faith and Credit; Tax Levy; Methods of Raising Funds; Assessment of Costs.
Section
120.114
Revenue Bonds; Applicability of Revenue Bond Act; Revenue Bonds Payable Solely From Revenues or Income.
Section
120.114a
Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.
Section
120.115
Revenue Bonds; Form; Date; Denomination; Place of Payment; Redemption; Validity of Signature or Facsimile; Issuance in Coupon or Registered Form; Registration, Reconversion, and Interchange of Bonds.
Section
120.116
Revenue Bonds; Trust Agreement.
Section
120.117
Bonds as Securities; Investment; Deposit.
Section
120.118
Additional Bonds for Acquisition of Port Facilities; Authorization; Resolution; Issuance and Execution of Bonds; Seal; Negotiable Instruments; Maturities; Payment; Tax Exemption; Issuance of Bonds or Notes Subject to Revised Municipal Finance Act.
Section
120.119
Validation of Bonds or Notes; Contesting Validity.
Section
120.120
Contract for Use of Port Facilities; Increase in Charges; Duration of Contract.
Section
120.121
Dock, Waterfront, or Riparian Property; Transfer, Possession, or Control.
Section
120.122
Tax Exemption.
Section
120.123
Plan for Future Development, Construction, and Improvement of Port and Facilities; Notice; Comments; Hearing; Adoption; Modification, Amendment, or Extension; Plans for Specific Projects.
Section
120.124
Operating Budget.
Section
120.125
Surplus of Unencumbered Funds; Disposition.
Section
120.126
Entry on Lands, Waters, and Premises; Purpose; Reimbursement for Actual Damages.
Section
120.127
Employees of Port Authority; Transfer and Payment of Sick Leave and Annual Leave; Salary Rate; Job Seniority and Pension Rights.
Section
120.128
Annual Report; Audit.
Section
120.129
Liberal Construction; Powers Cumulative.
Section
120.130
Repeal of MCL 120.1 to 120.35; Effective Date of Subsection (1).