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§ 6-303. Acquisition of not-for-profit water service or sewage disposal service provider

West's Annotated Code of MarylandPublic UtilitiesEffective: October 1, 2018

West's Annotated Code of Maryland
Public Utilities (Refs & Annos)
Division I. Public Services and Utilities [Titles 1-15] (Refs & Annos)
Title 6. Business Structure (Refs & Annos)
Subtitle 3. Acquisition of Water Companies and Sewage Disposal Companies (Refs & Annos)
Effective: October 1, 2018
MD Code, Public Utilities, § 6-303
§ 6-303. Acquisition of not-for-profit water service or sewage disposal service provider
Currentness
In general
(a) Without prior authorization of the Commission, a person may not acquire a controlling interest in any State, county, municipal, or similar not-for-profit water service or sewage disposal service provider, for the purpose of converting the provider into a water company or sewage disposal company.
Authorization if consistent with public convenience and necessity
(b) The Commission may authorize an acquisition under subsection (a) of this section if the Commission finds that the acquisition is consistent with the public convenience and necessity.

Credits

Added by Acts 2018, c. 219, § 1, eff. Oct. 1, 2018; Acts 2018, c. 220, § 1, eff. Oct. 1, 2018.
MD Code, Public Utilities, § 6-303, MD PUBLIC UTIL § 6-303
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document