# Mich. Comp. Laws § 124.549: Acquisition of property > Michigan · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.549 ## Section - **Citation:** Mich. Comp. Laws § 124.549 - **Heading:** Acquisition of property - **Jurisdiction:** Michigan - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** MI Code / Chapter 124 / Act Act-387-of-2012 / Section 124.549 ## Text Sec. 9. (1) Subject to section 7, an authority may acquire property for a public transportation system by purchase, construction, lease, gift, or devise, either within or without the area served by the public transportation system, and may hold, manage, control, sell, exchange, or lease property. An authority shall comply with the laws of this state for the purpose of condemnation proceedings. An authority may only utilize condemnation proceedings to acquire property located within the authority's public transit region. (2) Except as otherwise provided in this subsection, the property of an authority and its income, activities, and operations are exempt from all taxes and special assessments of this state or a political subdivision of this state. Property of an authority and its income, activities, and operations that are leased to private persons are not exempt from any tax or special assessment of this state or a political subdivision of this state. Property of an authority is exempt from ad valorem property taxes collected under the general property tax act, 1893 PA 206, MCL 211.1 to 211.155, or other law of this state authorizing taxation of real or personal property. (3) The property of an authority created under this act is public property devoted to an essential public and governmental purpose. Income of the authority is for a public and governmental purpose. History: 2012, Act 387, Imd. Eff. Dec. 19, 2012 ## Nearby sections - [Mich. Comp. Laws § 124.541 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.541.md) - [Mich. Comp. Laws § 124.541a Legislative intent.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.541a.md) - [Mich. Comp. Laws § 124.542 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.542.md) - [Mich. Comp. Laws § 124.543 Authority; creation; date effective; authority as municipal public body corporate and metropolitan authority; rights, functions, and responsibilities; inclusion of phrase "regional transit authority."](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.543.md) - [Mich. Comp. Laws § 124.544 Petition by county to be included in public transit region and authority; conditions; provisional member.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.544.md) - [Mich. Comp. Laws § 124.545 Board; appointment; terms; vacancy; qualifications; oath; compensation; travel and expenses; individual not of good moral character or convicted of felony; discharge of duties; contract, bonds, notes, or other obligations; appointment of board members under MCL 124.544; removal of board member for violation of subsection (9) or (10).](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.545.md) - [Mich. Comp. Laws § 124.546 Meeting; chairperson; officers; compliance with open meetings act; bylaws; meetings; quorum; vote; record; uniform system of accounts; budget; procurement of services and supplies; report; website; cost plus construction contract; quota or set-aside not created; list of contracts; policies and procedures; competitive bidding; lease or installment purchases; other state or federal procurement or contracting requirements; personnel; prohibited acts; citizens' advisory committee; public transportation provider advisory council; securing federal money; payment of operational deficit.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.546.md) - [Mich. Comp. Laws § 124.547 Authority; powers; assumption of legacy costs of acquired public transportation provider; adoption of public transit plan; design and operation of rolling rapid transit system; authority including Macomb, Oakland, or Wayne county; expenses in planning and operation of rolling rapid transit system; charging fares; public or private aid.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.547.md) - [Mich. Comp. Laws § 124.548 Federal operating and capital assistance grants; report; coordination of services.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.548.md) - [Mich. Comp. Laws § 124.549 Acquisition of property.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.549.md) - [Mich. Comp. Laws § 124.550 Revenues; sources; assessment; collection of motor vehicle registration tax; asset management plan; report.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.550.md) - [Mich. Comp. Laws § 124.551 Bonds, notes, or other evidence of indebtedness.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.551.md) - [Mich. Comp. Laws § 124.552 Financial obligation of authority.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.552.md) - [Mich. Comp. Laws § 124.553 Acquisition, construction, and operation of public transportation system; approval of local road agency or department; terms and condition; execution of operating license agreement; rights-of-way and easements; procedural due process required for certain acts.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.553.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MI_C124_AAct-387-of-2012_S124.549. Check the current official text before relying on it. Not legal advice.