§ 5–205
Statutes in effect as of October 1, 2026.
Md. Code Ann., Pub. Util. § 5-205 (2026)
Title 5. Powers, Duties, and Prohibitions
Subtitle 2. Powers of Public Service Companies
§ 5–205LinkCopy Citation
(a)
Without prior authorization of the Commission, a person may not transfer a controlling interest in a water company or sewage disposal company to another person.
(b)
The Commission may authorize the transfer of a controlling interest in a water company or sewage disposal company if the Commission finds that the transfer is consistent with the public convenience and necessity.