Ch. 311

LAWS OF MARYLAND

(1)  Adopt rules and regulations to carry out the
provisions of this subtitle;

(2)  Take any legal action necessary to enforce the
provisions of this subtitle;

(3) Adopt and use an official seal;

(4) Contract for consultant or other services;

(5)  Apply for and accept any fund, grant, or loan
from any federal, State, local, or private source;

(6)  Make an agreement with a prospective mortgagor or
grantee for financial assistance to a historic preservation
project;

(7)  Acquire and hold real and personal historic
property by gift, purchase, devise, bequest, or any other means;

(8)  Acquire or take assignment of a note, mortgage,
or other form of security and evidence of indebtedness;

(9)  Acquire, attach accept, or take title to a
historic property by conveyance or, if a mortgage is in default,
by foreclosure;

(10) Sell, convey, assign, lease, or otherwise
transfer or dispose of any property held by it;

(11) Enter into any contract, lease, or other
agreement that is necessary or incidental to the performance of
its duties;

(12)  Preserve, restore, rehabilitate, reconstruct,
protect, document, excavate, salvage, exhibit, and interpret
historic properties;

(13)  Accept any gift, legacy, bequest, and endowment
for any purpose of the trust and unless otherwise specified by
the donor expend both principal and income of any gift, bequest,
legacy, or endowment in furtherance of the Trust or invest it,
with consent of the State Treasurer, in whole or in part in
general obligations of the State, or other securities;

(14) Apply any money, asset, property, or other thing
of value it may receive as incident to its operation, to the
general purposes of the Trust; and

(15) Delegate any of its powers to 1 or more of the
trustees or the Director.                                                                                       

- 1780 -