Ch. 311

LAWS OF MARYLAND

its employees or consultants as well as any expenses incidental
to the operation of the Corporation; and

(3) Perform any other duties that may be directed by
the Board of Directors in carrying out the purposes of this
subtitle.

(c)  The Board of Directors shall appoint any additional
professional and clerical staff that is necessary to carry but
the purposes of this subtitle. The officers or employees of the
Corporation are not subject to the provisions of Article 64A or
73B of the Code.

(d)  The Board of Directors may also engage any necessary
accountants, engineers, lawyers, financial advisors, of other
consultants.

[12-105.] 5-105.

The Corporation may:

(1)  Adopt bylaws for the regulation of its affairs
and the conduct of its business;

(2)  Adopt an official seal and alter it at pleasure;

(3)  Maintain offices at a place within the State that
it designates;

(4)  Apply for and accept any loans, grants, of
assistance of any character from the federal government, State
government, or local governments, or any private sources;

(5)  Make, execute, and enter into any contracts or
other legal instruments;

(6)  Sue and be sued in its own name;

(7)  Acquire, construct, develop, manage, market,
reconstruct, rehabilitate, improve, maintain, equip, lease, as
lessor or as lessee, repair, and operate any project within the
State of Maryland;

(8)  Acquire, purchase, hold, lease as, lessee, and use
any franchise, patent, or license and any property whether real,
personal, mixed, or tangible or intangible, of any interest in
such property, necessary or convenient for carrying out the
purposes of the Corporation;

(9)  Sell, lease as lessor transfer, and dispose of
any property or interest in it at any time acquired by it;

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