43-4-610. Cooperative powers.
183 words·~1 min read·
/co/title-43-transportation/article-4-financing/43-4-610·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The authority has the power to cooperate with any person:
(a)To accept contributions, loans, advances, or liens securing obligations to or of the authority from any person with respect to the financing, construction, operation, or maintenance of a regional transportation system and, in connection with any loan or advance, to enter into contracts establishing the repayment terms;
(b)To enter into contracts with respect to and to cooperate in the financing, construction, operation, or maintenance of a specified regional transportation system;
(c)To enter into joint operating contracts concerning a regional transportation system;
(d)To acquire easements or rights-of-way for a regional transportation system;
(e)To transfer dominion over all or any portion of a regional transportation system financed, constructed, operated, or maintained by the authority to the federal government, the state government, other governmental units, or any person; and
(f)To designate a regional transportation system as part of the federal highway system, the state highway system, a county highway system, or a municipal highway system if the person with jurisdiction over the applicable highway system consents to the designation.