Indiana Code 36-9-4-35.1. Board of directors; adoption of rules for operation of systems; rates, routings, and standards of service
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 36-9-4-35.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 35.1. The board of directors of a public transportation corporation shall, by ordinance, make rules governing the use, operation, and maintenance of the urban mass transportation system. The board may determine all rates, routings, and hours and standards of service and may change them whenever the board considers a change advisable. However, the board’s powers under this section are subject to regulation by the department of state revenue as provided by section 58 of this chapter.
As added by P.L.1-1990, SEC.369.