§ 13-1206
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/md/economic-development/13-1206A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–1206.
The Partnership may:
(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.