|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 364 2002 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
(1) Assist in transferring to the private sector and commercializing the
results and products of scientific research and development conducted by colleges and
universities;
(2) Assist in the commercialization of technology developed in the
private sector; and
(3) Foster the commercialization of research and development described
in items (1) and (2) of this subsection to create and sustain businesses throughout all
regions of the State,
5-2A-04.
(a) The Corporation may:
(1) Adopt bylaws for the regulation of its affairs and the conduct of its
business;
(2) Adopt and alter an official seal;
(3) Maintain offices at a place within the State that it designates;
(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;
|
|
|
|
|
|
|
|
|
- 2934 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
