§ 11-512. Powers -- In general

   The Corporation may:

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

   (2) adopt a seal;

   (3) maintain an office at Fort Ritchie;

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

   (5) enter into contracts and other legal instruments;

   (6) sue and be sued in its own name;

   (7) acquire, purchase, hold, lease as a lessee, and use any franchise, patent, or license and real, personal, mixed, tangible, or intangible property, or any interest in property, necessary or convenient to carry out its purposes;

   (8) sell, lease as lessor, transfer, and dispose of its property or interest in property;

   (9) fix and collect rates, rentals, fees, and charges for services and facilities it provides or makes available;

   (10) with the owner's permission, enter land, waters, or premises to make a survey, sounding, boring, or examination to accomplish a purpose authorized by this subtitle;

   (11) exercise a power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law; and

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

HISTORY: An. Code 1957, art. 83A, § 5-1205(1)-(6), (8), (9), (12)-(15); 2008, ch. 306, § 2.