§ 10-511. Powers -- Projects

Latest version.

   The Corporation may:

   (1) acquire, improve, develop, manage, market, manufacture, license, maintain, lease as lessor or as lessee, and operate a project in the State to carry out the purposes of the Corporation;

   (2) acquire, directly or indirectly, by purchase, gift, or devise, property, rights, rights-of-way, franchises, easements, and other interests in land, including land lying under water and riparian rights, located in or outside the State as necessary or convenient to improve or operate a project, on terms and at prices the Corporation considers reasonable; and

   (3) enter into a project with a manufacturer to carry out the purposes of this subtitle.

HISTORY: An. Code 1957, art. 41, § 13-507(7), (10), (16); 2008, ch. 306, § 2.

                    
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