{"data":{"id":"us-md/md.-code-economic-development-10-819","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–819","heading":"","body":"The Center may:\n(1) adopt bylaws for the conduct of its business;\n(2) adopt a seal;\n(3) maintain offices at a place it designates in the State;\n(4) accept loans, grants, or assistance of any kind from the federal or State government, a local government, a college or university, or a private source;\n(5) enter into contracts and other legal instruments;\n(6) sue or be sued;\n(7) acquire, purchase, hold, lease as lessee, and use:\n(i) a franchise, patent, or license;\n(ii) any real, personal, mixed, tangible, or intangible property; or\n(iii) an interest in the property listed in this item;\n(8) sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that it acquires;\n(9) fix and collect rates, rentals, fees, royalties, and charges for services and resources it provides or makes available;\n(10) create, own, control, or be a member of a corporation, limited liability company, partnership, or other entity, whether operated for profit or not for profit;\n(11) exercise power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law; and\n(12) do all things necessary or convenient to carry out the powers granted by this subtitle.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=10-819","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"6a4329bef7f1368898e7e9958810503536a5335fc21d749021ee19d1ac465add","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-818","next":"us-md/md.-code-economic-development-10-820"},"notice":"GroundRules: Original legal text. Not legal advice."}