{"data":{"id":"us-mi/mich.-comp.-laws-460.844","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.844","heading":"Sale or exchange of excess capacity or output.","body":"Sec. 44.\n\n(1) A joint agency may sell or exchange the excess capacity or output of a project not required by any of its members for consideration upon terms and conditions as determined by the parties.\n\n(2) A joint agency may do 1 or more of the following:\n\n(a) Transfer all or part of its interest in or functional control of transmission facilities to a multistate regional transmission system organization approved by the federal government and operating in this state or to 1 or more of its transmission-owning members.\n\n(b) Purchase, acquire, sell, or otherwise transfer stock, membership units, or any other interest in a multistate regional transmission system organization approved by the federal government and operating in this state or in 1 or more of its transmission-owning members.","path":["MI Code","Chapter 460","Act Act-448-of-1976"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-844","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"764c5ca40811390f47771189c9db8d66057eb6bc4a0d77187b7f7c7787777d4a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.843","next":"us-mi/mich.-comp.-laws-460.845"},"notice":"GroundRules: Original legal text. Not legal advice."}