ROBERT L. EHRLICH, JR., Governor                             Ch. 467

(10)    ACQUIRE, DIRECTLY OR INDIRECTLY, BY PURCHASE, GIFT, OR
DEVISE, LAND, REAL OR PERSONAL PROPERTY, RIGHTS, RIGHTS-OF-WAY,
FRANCHISES, EASEMENTS, AND OTHER INTERESTS IN LAND, INCLUDING LAND
LYING UNDER WATER AND RIPARIAN RIGHTS, LOCATED IN OR OUTSIDE THE STATE
AS NECESSARY OR CONVENIENT TO CONSTRUCT, IMPROVE, REHABILITATE, OR
OPERATE A PROJECT, ON TERMS AND AT PRICES THE CORPORATION 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 AGRICULTURAL AND RESOURCE-BASED BUSINESSES;

(13)    ENGAGE ANY NECESSARY ACCOUNTANTS, ENGINEERS, FINANCIAL
ADVISORS, AND OTHER CONSULTANTS;

(14)    WITH THE APPROVAL OF THE ATTORNEY GENERAL, ENGAGE ANY
NECESSARY LAWYERS;

(15)    CREATE, OWN, CONTROL, OR BE A MEMBER OF, A CORPORATION,
LIMITED LIABILITY COMPANY, PARTNERSHIP, OR OTHER ENTITY, WHETHER
OPERATED FOR PROFIT OR NOT FOR PROFIT;

(16)    ENTER INTO A PROJECT WITH A MANUFACTURER TO CARRY OUT THE
PURPOSES OF THE CORPORATION;

(17)    EXERCISE A POWER USUALLY POSSESSED BY A PRIVATE
CORPORATION IN PERFORMING SIMILAR FUNCTIONS UNLESS TO DO SO WOULD
CONFLICT WITH THE LAWS OF THE STATE; AND

(18)    DO ANYTHING NECESSARY OR CONVENIENT TO CARRY OUT THE
POWERS GRANTED BY THIS SUBTITLE.

13-508.

THE CORPORATION MAY:

(1) SUBJECT TO THE RIGHTS OF HOLDERS OF BONDS OF THE
CORPORATION:

(I)      RENEGOTIATE, REFINANCE, OR FORECLOSE ON ANY
MORTGAGE, SECURITY INTEREST, OR LIEN;

(II)     COMMENCE ANY ACTION TO PROTECT OR ENFORCE ANY RIGHT
OR BENEFIT CONFERRED ON THE CORPORATION BY ANY LAW, MORTGAGE, SECURITY
INTEREST, LIEN, CONTRACT, OR OTHER AGREEMENT; AND

(III)   BID FOR AND PURCHASE PROPERTY AT ANY FORECLOSURE OR
AT ANY OTHER SALE OR OTHERWISE ACQUIRE OR TAKE POSSESSION OF ANY
PROPERTY, IN WHICH CASE THE CORPORATION MAY COMPLETE, ADMINISTER, PAY
THE PRINCIPAL OF ANY INTEREST ON ANY OBLIGATION INCURRED IN CONNECTION

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