Ch.. 311

LAWS OF MARYLAND

personal property acquired by the Administration from time to
time in the satisfaction of debts or enforcement of obligations;

(12)  Acquire, subscribe for, own, hold, sell, assign,
transfer, mortgage, pledge or otherwise dispose of the stocks,
shares, bonds, debentures, notes or other security or evidence of
interest in or indebtedness of any person, and while the owner or
holder thereof to exercise all the rights, powers, and privileges
of ownership including the right to vote thereon;

(13)  Purchase, acquire, or take assignments of a
note, mortgage, or other form of security or evidence of
indebtedness and purchase, acquire, attach, seize, accept, or
take title to any energy project by conveyance, or when a
mortgage thereon is in default by foreclosure, deed in lieu . of
foreclosure, or bankruptcy sale; and sell, lease or rent an
energy project so acquired for any use;

(14)  Borrow money and issue bonds for the purpose of
paying all or any part of the cost of any one or more energy
projects or for any other corporate purpose of the
Administration; to secure the payment of this borrowing or any
part of it by pledge of all or any part of its revenues,
mortgages, or deeds of trust on all or any part of its
properties; to combine projects for financing or operating
purposes; to make agreements with or for the benefit of the
purchasers or holders of bonds or with others in connection with
the issuance of the bonds, whether issued or to be issued, as the
Administration may consider advisable and,- in general, to provide
for the security of the bonds and the rights of the holders of
the bonds;

(15)  Administer financial assistance programs for
energy projects funded by the issuance of, State general
obligation [bonds;] BONDS, as may be authorized from time to time
by the General Assembly;

(16)  Impose reasonable fees for its services to apply
toward its administrative costs in providing the services;

(17)  Obtain insurance for any energy project;

(18)  Enter into loan modification agreements, if not
inconsistent with bond indentures; and

(19)  Collect and analyze technical data.

[13-406.] 6-306.

(a) In awarding financial assistance for an energy project,
the Administration shall consider the extent to which any energy
project for which financial assistance is awarded would:

- 1640 -