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Nonprofit Railway Act.pdf

mcl-Act-35-of-1867.pdf
Preview of Nonprofit Railway Act
🔗 Source: legislature.mi.gov
📊 Size: 62 KB
📄 Pages: 9 pages
⬇️ Downloads: 89

Summary

The Nonprofit Street Railway Act, enacted in 1867, allows for the formation of nonprofit street railway companies to provide public transportation services, including the construction, maintenance, and operation of street railways and the accumulation and supply of electricity. The act has been amended several times, with the most recent amendments in 2008 and 2014, and outlines the powers and duties of state and local agencies, as well as remedies and penalties. It also provides for the establishment of a transit development finance zone and authorizes the use of tax increment financing. The act is to be construed liberally to effectuate its purpose and intent, with the goal of encouraging the development of transportation facilities and public transportation services.

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Description

The Nonprofit Street Railway Act, enacted in 1867, allows for the formation of nonprofit street railway companies to provide public transportation services,...

Technical Information

  • File Format: PDF
  • File Size: 62 KB
  • Pages: 9
  • Language: EN
  • Total Downloads: 89
  • Last Updated: 1 week ago

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