Md. Code, Economic Development § 10-909
This is the official text of Md. Code, Economic Development § 10-909, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§10–909.
Official statutory text
The Corporation may:
(1) adopt bylaws for the conduct of its business;
(2) adopt a seal;
(3) maintain offices at a place in the State that the Corporation designates;
(4) accept loans, grants, or assistance of any kind from the federal or State government, local government, a college or university, or a private source;
(5) accept assistance from the Maryland Economic Development Corporation;
(6) enter into contracts and other legal instruments;
(7) sue or be sued;
(8) acquire, purchase, hold, lease as lessee, and use:
(i) a franchise, patent, or license;
(ii) any real, personal, mixed, tangible, or intangible property; or
(iii) an interest in the property listed in this item;
(9) sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Corporation acquires;
(10) fix and collect rates, rentals, fees, royalties, and charges for services and resources the Corporation provides or makes available; and
(11) do all things necessary or convenient to carry out the powers granted by this subtitle.
(1) adopt bylaws for the conduct of its business;
(2) adopt a seal;
(3) maintain offices at a place in the State that the Corporation designates;
(4) accept loans, grants, or assistance of any kind from the federal or State government, local government, a college or university, or a private source;
(5) accept assistance from the Maryland Economic Development Corporation;
(6) enter into contracts and other legal instruments;
(7) sue or be sued;
(8) acquire, purchase, hold, lease as lessee, and use:
(i) a franchise, patent, or license;
(ii) any real, personal, mixed, tangible, or intangible property; or
(iii) an interest in the property listed in this item;
(9) sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Corporation acquires;
(10) fix and collect rates, rentals, fees, royalties, and charges for services and resources the Corporation provides or makes available; and
(11) do all things necessary or convenient to carry out the powers granted by this subtitle.
Status: in_force · Read it on the official government site
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