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Ch. 13
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2000 LAWS OF MARYLAND
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(4) Apply for and accept loans, grants, or assistance in any form from
federal, State, or local governments, colleges or universities, or private sources;
(5) Make, execute, and enter into any contracts or legal instruments;
(6) Sue or be sued;
(7) Acquire, construct, develop, manage, market, manufacture, license,
sublicense, reconstruct, rehabilitate, improve, maintain, equip, lease as a lessor or as
a lessee, repair, and operate any project in the State to carry out its purposes;
(8) Acquire, purchase, hold, lease as a lessee, and use any:
(i) Franchise, patent, or license;
(ii) Any real, personal, mixed, or tangible or intangible property; or
(iii) Any interest in the property listed in items (i) and (ii) of this
item;
(9) Sell, lease as a lessor, transfer, license, sublicense, assign, and
dispose of any property or interest in it at any time acquired by the Corporation;
(10) Acquire, either directly or indirectly, from any person or political
subdivision, by purchase, gift, or devise any lands, structures, property, whether real
or personal, rights-of-way, franchises, easements, and any other interests in lands,
including lands lying under water and riparian rights which it considers necessary or
convenient for the construction, improvement, rehabilitation, or operation of a project
to carry out its purposes, on any terms and at any prices that it considers reasonable;
(11) Fix, revise, and collect rates, "rentals, fees, ROYALTIES, and charges
for the use of or for services and resources provided or made available by the
Corporation;
(12) MAKE GRANTS TO OR PROVIDE EQUITY INVESTMENT FINANCING
FOR TECHNOLOGY-BASED BUSINESSES;
(13) ENGAGE ANY NECESSARY ACCOUNTANTS, ENGINEERS, FINANCIAL
ADVISORS. OR OTHER CONSULTANTS;
(14) WITH THE APPROVAL OF THE ATTORNEY GENERAL, WHO SHALL
OTHERWISE BE THE 'LEGAL ADVISOR TO THE CORPORATION, ENGAGE ANY
NECESSARY LAWYERS;
[(12)] (13) (15) Do all things necessary and convenient to carry out the
powers granted by this subtitle; and
[(13)] (14) (16) Exercise any power which is not in conflict with the
Constitution and the laws of this State.
(b) Colleges and universities may:
(1) Contract with the Corporation or its subsidiaries, if any;
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