The Corporation may: (1) adopt bylaws for the conduct of its business; (2) adopt a seal; (3) maintain an office at a place it designates in the State; (4) accept loans, grants, or financial and technical assistance in any form from the federal or State government, local governments, colleges or universities, or a private source; (5) enter into contracts and other legal instruments; (6) sue or be sued; (7) acquire, purchase, hold, lease as a lessee, and use any franchise, patent, or license and real, personal, mixed, or tangible or intangible property, or any interest in property; (8) own, improve, sell, lease as a lessor, transfer, license, assign, encumber, and dispose of any property or interest in property, necessary or convenient to carry out its purposes at public sale, with or without public bidding; (9) fix and collect rates, rentals, fees, royalties, and charges for the use of or for services and resources it provides or makes available; (10) retain any necessary accountants, engineers, financial advisors, and other consultants; (11) with the approval of the Attorney General, retain any necessary lawyers; (12) further define or limit the term "revenue" defined in § 10-501 of this subtitle as the term applies to a particular project, financing, or other matter; (13) create, own, control, or be a member of a corporation, limited liability company, partnership, or other person, whether operated for profit or not for profit; (14) exercise a power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law; and (15) do anything necessary or convenient to carry out the powers granted by this subtitle.
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