149.45

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

149.45 Powers of authority.

149.45(1)

(1) Except as restricted under sub. (2), the authority shall have all the powers necessary or convenient to carry out the purposes and provisions of this chapter. In addition to all other powers granted by this chapter, the authority may:

149.45(1)(a)

(a) Adopt bylaws and policies and procedures for the regulation of its affairs and the conduct of its business.

149.45(1)(b)

(b) Have a seal and alter the seal at pleasure; have perpetual existence; and maintain an office.

149.45(1)(c)

(c) Hire employees, define their duties, and fix their rate of compensation.

149.45(1)(d)

(d) Incur debt, except as restricted under sub. (2).

149.45(1)(e)

(e) Contract for any professional services required for the authority, subject to ss. 149.43 (2) and 149.47.

149.45(1)(f)

(f) Appoint any technical or professional advisory committee that the authority finds necessary to assist the authority in exercising its duties and powers. The authority shall define the duties of the committee, and provide reimbursement for the expenses of the committee.

149.45(1)(g)

(g) Execute contracts and other instruments.

149.45(1)(h)

(h) Accept gifts, grants, loans, or other contributions from private or public sources.

149.45(1)(i)

(i) Procure liability insurance.

149.45(2)

(2) The authority may not issue bonds.