The authority shall:

1. (1) operate, maintain, manage, and control such bridges in their entirety;
2. (2) fix the rate of tolls;
3. (3) establish bylaws and, under IC 4-22-2 , rules and regulations for the use and operation of said bridges; and

4. (4) select such employees as it deems necessary and fix their compensation.

   Formerly: Acts 1939, c.79, s.8. As amended by Acts 1980, P.L.74, SEC.268; P.L.109-1983, SEC.39.