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Current as of January 01, 2025 | Updated by Findlaw Staff
The Corporation may:
(1) provide equity investment to a qualified business or project in the form of a grant, loan, tax credit allocation, or any other form of financial assistance to carry out its purposes;
(2) acquire, develop, improve, manage, market, license, sublicense, maintain, lease as lessor or lessee, or operate a project in the State to carry out its purposes; and
(3) acquire, directly or indirectly, from a person or political subdivision, by purchase, gift, or devise, any property, rights-of-way, franchises, easements, or other interests in land, including submerged land and riparian rights:
(i) as necessary or convenient to improve or operate a project to carry out its purposes; and
(ii) on the terms and at the prices that the Corporation considers reasonable.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 10-1119 - last updated January 01, 2025 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-10-1119/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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