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§ 5-202. Franchise actions restricted until authorization of Commission

West's Annotated Code of MarylandPublic Utilities

West's Annotated Code of Maryland
Public Utilities (Refs & Annos)
Division I. Public Services and Utilities [Titles 1-15] (Refs & Annos)
Title 5. Powers, Duties, and Prohibitions (Refs & Annos)
Subtitle 2. Powers of Public Service Companies (Refs & Annos)
MD Code, Public Utilities, § 5-202
Formerly cited as MD PUBLIC UTIL COMP § 5-202
§ 5-202. Franchise actions restricted until authorization of Commission
Currentness
Without prior authorization of the Commission, a public service company may not:
(1) assign, lease, or transfer a franchise or a right under a franchise;
(2) enter into any agreement or contract that materially affects a franchise or a right under a franchise; or
(3) abandon or discontinue the exercise of a franchise or a right as a whole or in part.

Credits

Added by Acts 1998, c. 8, § 2, eff. Oct. 1, 1998.
Formerly Art. 78, § 24.
MD Code, Public Utilities, § 5-202, MD PUBLIC UTIL § 5-202
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document