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MTA Corporation

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MTA Corporation
Posted by ontheBNSF on Friday, June 21, 2013 1:13 AM

http://mta.info/mta/compliance/pdf/Description%20and%20Board%20Structure.pdf

"The Metropolitan Transportation Authority (“MTA”), a public benefit corporation of the State of New York"

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=162976

The NY MTA here lists itself as a corporation and its members as officers, presidents and so on.

Railroad to Freedom

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Posted by CSSHEGEWISCH on Friday, June 21, 2013 10:04 AM

And just what is this supposed to prove?

The daily commute is part of everyday life but I get two rides a day out of it. Paul
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Posted by henry6 on Friday, June 21, 2013 10:16 AM

Thank you for the answer, Alex.  The question is.....????

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Posted by BroadwayLion on Friday, June 21, 2013 10:51 AM

The MTA is as you say a corporation, but it is a publicly (or stte owned) owned corporation. By itself, it is not simply an agency of government. Further more, it is a HOLDING COMPANY, which wholly owns other corporations, such as the LONG ISLAND RAIL ROAD, The METRO NORTH COMMUTER RAILROAD, and it also manages city and state properties such as NEW YORK CITY TRANSIT AUTHORITY, and the TRIBORO BRIDGE AND TUNNEL AUTHORITY.

LIRR and MNCR are still corporations in their own right, they hire and dismiss employees and they are not public employees.

If we could make it any more complicated, we surely would.

ROAR

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Posted by ontheBNSF on Monday, June 24, 2013 3:04 AM

BroadwayLion

The MTA is as you say a corporation, but it is a publicly (or stte owned) owned corporation. By itself, it is not simply an agency of government. Further more, it is a HOLDING COMPANY, which wholly owns other corporations, such as the LONG ISLAND RAIL ROAD, The METRO NORTH COMMUTER RAILROAD, and it also manages city and state properties such as NEW YORK CITY TRANSIT AUTHORITY, and the TRIBORO BRIDGE AND TUNNEL AUTHORITY.

LIRR and MNCR are still corporations in their own right, they hire and dismiss employees and they are not public employees.

If we could make it any more complicated, we surely would.

ROAR

Interesting

Railroad to Freedom

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