§ 7-508. Valuation of generation facilities or assets
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 7. Gas, Electric, and Water Companies (Refs & Annos)
Subtitle 5. Electric Industry Restructuring (Refs & Annos)
Part II. Electric Industry Restructuring Enabled (Refs & Annos)
MD Code, Public Utilities, § 7-508
Formerly cited as MD PUBLIC UTIL COMP § 7-508
§ 7-508. Valuation of generation facilities or assets
(a) An electric company may transfer any of its generation facilities or generation assets to an affiliate.
(b) The transfer of a generation facility or generation asset to an affiliate may not affect or restrict the Commission's determination of the value of a generation asset for purposes of transition costs or benefits under § 7-513(b) of this subtitle.
(c)(1) This subsection is in effect until the later of the date when:
Credits
Added by Acts 1999, c. 3, § 1, eff. July 1, 1999; Acts 1999, c. 4, § 1, eff. July 1, 1999.
MD Code, Public Utilities, § 7-508, MD PUBLIC UTIL § 7-508
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.
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