{"data":{"id":"us-md/md.-code-economic-development-10-909","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–909","heading":"","body":"The Corporation may:\n(1) adopt bylaws for the conduct of its business;\n(2) adopt a seal;\n(3) maintain offices at a place in the State that the Corporation designates;\n(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;\n(5) accept assistance from the Maryland Economic Development Corporation;\n(6) enter into contracts and other legal instruments;\n(7) sue or be sued;\n(8) 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(9) sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Corporation acquires;\n(10) fix and collect rates, rentals, fees, royalties, and charges for services and resources the Corporation provides or makes available; and\n(11) 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=10-909","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"49e41c8b45949afdf28cb92a7bb4402fd1bf7c955c68028bf2f2749f066fbf5b","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-908","next":"us-md/md.-code-economic-development-10-910"},"notice":"GroundRules: Original legal text. Not legal advice."}