§ 5–202

Statutes in effect as of October 1, 2026.

Md. Code Ann., Pub. Util. § 5-202 (2026)

Title 5. Powers, Duties, and Prohibitions

Subtitle 2. Powers of Public Service Companies

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.