Md. Code Ann., Econ. Dev. § 13-1206 – Powers and duties of Partnership

(1) adopt a seal;
(2) sue or be sued;
(3) adopt bylaws and rules for the conduct of its business;
(4) enter into contracts and other legal instruments;
(5) accept grants, contributions, or other assistance of any kind from the federal government, the State, a local government, a college or university, or other public or private source;
(6) include in any contract for financial assistance with the federal government any reasonable and appropriate condition imposed under federal law that is not inconsistent with the purposes of this subtitle;
(7) make grants from the Fund to further the purposes of this subtitle;
(8) create, own, control, or be a member of a corporation, limited liability company, partnership, or any other entity; and
(9) do all things necessary or convenient to carry out the purposes of this subtitle.

The Partnership may:

Added by Acts 2014, c. 570, § 1, eff. June 1, 2014; Acts 2014, c. 571, § 1, eff. June 1, 2014. Amended by Acts 2016, c. 444, § 1, eff. July 1, 2016.