# Public Utilities (GPU)

## Title 6. Business Structure

### Subtitle 3. Acquisition of Water Companies and Sewage Disposal Companies

#### Section 6-305

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.

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Md. Code Ann., Pub. Util. (as displayed at mgaleg.maryland.gov, October 16, 2026)