§ 43-4-510 — Cooperative powers

(1) The authority has the power to cooperate
with any person:

(a) To accept contributions, loans, or advances from any person with respect
to the financing, construction, operation, or maintenance of a public highway 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 public highway;

(c) To enter into joint operating contracts concerning a public highway;

(d) To cooperate in acquiring easements or rights-of-way for a public
highway;

(e) To transfer dominion over all or any portion of a public highway financed,
operated, maintained, or constructed by the authority to the federal government,
the state, other governmental units, or any person; and

(f) To designate a public highway 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 such highway system consents to such
designation.

Legislative History

Source: L. 87: Entire part added, p. 1853, � 1, effective August 27.