# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 9. Maryland Public-Private Partnership Marketing Corporation

#### Section 10-909

The Corporation may: 

(1) adopt bylaws for the conduct of its business;

(2) adopt a seal;

(3) maintain offices at a place in the State that the Corporation designates;

(4) accept loans, grants, or assistance of any kind from the federal or State government, local government, a college or university, or a private source;

(5) accept assistance from the Maryland Economic Development Corporation;

(6) enter into contracts and other legal instruments;

(7) sue or be sued;

(8) acquire, purchase, hold, lease as lessee, and use:

  (i) a franchise, patent, or license;

  (ii) any real, personal, mixed, tangible, or intangible property; or

  (iii) an interest in the property listed in this item;

(9) sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Corporation acquires;

(10) fix and collect rates, rentals, fees, royalties, and charges for services and resources the Corporation provides or makes available; and

(11) do all things necessary or convenient to carry out the powers granted by this subtitle.

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Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)