§ 6–305
Statutes in effect as of October 1, 2026.
Md. Code Ann., Pub. Util. § 6-305 (2026)
Title 6. Business Structure
Subtitle 3. Acquisition of Water Companies and Sewage Disposal Companies
§ 6–305LinkCopy Citation
A utility valuation expert may not:
(1)
derive any material financial benefit from the sale of the selling utility other than fees for services rendered; or
(2)
be an immediate family member of a director, an officer, or an employee of either the acquiring entity or the selling utility within 12 months before the date of hiring to perform an appraisal under this subtitle.