Michigan § 124.467 - Public transportation service; financing.
Full text of Michigan Michigan Compiled Laws § 124.467 — Public transportation service; financing. , with citation guidance and answers to common questions.
§ 124.467. Public transportation service; financing.
Public transportation service, including any public transportation system and public transportation facilities, may be financed by the public authority by any 1 or more of the following means:
By service charges, fees, or fares to users of the public transportation services.
By funds disbursed by the state to the public authority and usable by the public authority.
By any other income or revenue, including appropriations or contributions, or other revenue of the members of the public authority and any political subdivisions.
By grants, loans, appropriations, payments, or contributions from the federal government, this state, another state or other governmental units and grants, contributions, gifts, devises, or bequests from public or private sources.
By proceeds of ad valorem taxes, special assessments, or charges imposed pursuant to law and collected by the state or a political subdivision or the public authority and returned or paid to the public authority pursuant to law or contract.
By proceeds of an income tax as may be provided by law.
By issuance of bonds or notes as provided by this act.
By means of land contracts, installment purchase contracts, or leases authorized by this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 124.467
What does Michigan Compiled Laws § 124.467 cover?
Section 124.467 ("Public transportation service; financing. ") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 124.467?
A common citation format is "Michigan Compiled Laws § 124.467" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 124.467 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.