Maryland Code, Economic Development § 10-513

(1) to finance all or part of the costs of a project; and

(2) for any other lawful purpose of the Corporation authorized in this subtitle.

(1) the date of the bonds;

(2) the interest rates of the bonds;

(3) the maturity date of the bonds, which may not exceed 40 years from the date of issue;

(4) the prices, terms, and conditions of sale of the bonds;

(5) the form of the bonds;

(6) the manner of executing the bonds;

(7) the denominations of the bonds; and

(8) the places of payment of principal of and interest on the bonds, at a bank or trust company in or outside the State.

(f)(1) The bonds are negotiable instruments under the laws of the State.

(2) Bonds may be registrable.

(g)(1) The Corporation may sell the bonds by competitive or negotiated sale in a manner and for a price that the Corporation determines.

(2) The bonds are exempt from §§ 8-206 and 8-208 of the State Finance and Procurement Article.