Michigan § 460.844 - Sale or exchange of excess capacity or output.
Full text of Michigan Michigan Compiled Laws § 460.844 — Sale or exchange of excess capacity or output., with citation guidance and answers to common questions.
§ 460.844. Sale or exchange of excess capacity or output.
(1) A joint agency may sell or exchange the excess capacity or output of a project not required by any of its members for consideration upon terms and conditions as determined by the parties.
(2) A joint agency may do 1 or more of the following:
(a) Transfer all or part of its interest in or functional control of transmission facilities to a multistate regional transmission system organization approved by the federal government and operating in this state or to 1 or more of its transmission-owning members.
(b) Purchase, acquire, sell, or otherwise transfer stock, membership units, or any other interest in a multistate regional transmission system organization approved by the federal government and operating in this state or in 1 or more of its transmission-owning members.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 460.844
What does Michigan Compiled Laws § 460.844 cover?
Section 460.844 ("Sale or exchange of excess capacity or output.") 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 § 460.844?
A common citation format is "Michigan Compiled Laws § 460.844" (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 § 460.844 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.