Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 10-909 - Powers of Corporation — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Economic Development - Division I - Secretary of Commerce and Department of Commerce/
  5. Division II - Independent and Regional Development Units and Resources/
  6. Title 10 - Statewide Development Resources and Revenue Authorities/
  7. Subtitle 9 - Maryland Public-private Partnership Marketing Corporation/
  8. Section 10-909 - Powers of Corporation
Maryland Legal Code
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.

Section 10-909 - Powers of Corporation

Ask AI about this