Md. Code Ann., Econ. Dev. § 10-511

Powers—Projects

Effective Oct 1, 2008Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.State of Maryland

The Corporation may:

  1. (1) acquire, improve, develop, manage, market, manufacture, license, maintain, lease as lessor or as lessee, and operate a project in the State to carry out the purposes of the Corporation;
  2. (2) acquire, directly or indirectly, by purchase, gift, or devise, 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 improve or operate a project, on terms and at prices the Corporation considers reasonable; and
  3. (3) enter into a project with a manufacturer to carry out the purposes of this subtitle.

Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.

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