To be eligible for financial assistance, an applicant shall certify to the Commission and the Corporation that the applicant: Will use the financial assistance solely in accordance with the requirements of the Program; Will conduct the stem cell research for which financial assistance is requested in Maryland; Has the legal capacity and all necessary legal authorization to incur the obligations related to the financial assistance; and Will comply with all applicable State and federal laws, including the requirement that stem cell research receiving financial assistance be conducted only after the approval of an Institutional Review Board. This chapter does not preclude an applicant from conducting otherwise lawful research that is ineligible for financial assistance.