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§ 9-308. Power to own or obtain interests in other transportation companies

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 9. Carrier Companies (Refs & Annos)
Subtitle 3. Maryland Railroad Companies (Refs & Annos)
MD Code, Public Utilities, § 9-308
Formerly cited as MD PUBLIC UTIL COMP § 9-308
§ 9-308. Power to own or obtain interests in other transportation companies
Currentness
Railroad companies and inland, coast, or ocean transportation companies
(a) Subject to § 6-101(c) of this article, a Maryland railroad company may acquire, own, hold, pledge, sell, dispose of, endorse, guarantee, or assume the stocks, bonds, and other securities of:
(1) a Maryland railroad company;
(2) a railroad company of any other state; and
(3) an inland, coast, or ocean transportation company.
Steamship companies
(b) A Maryland railroad company may own and operate a line of steamships or steamboats if they can be used wholly or partly, in connection with the business of the Maryland railroad company.

Credits

Added by Acts 1998, c. 8, § 2, eff. Oct. 1, 1998.
Formerly Art. 23, §§ 226, 236.
MD Code, Public Utilities, § 9-308, MD PUBLIC UTIL § 9-308
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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