<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".06" citation="COMAR 26.11.17.06" title_num="26" subtitle_num="11" chapter_num="17" heading="Transferring Emission Reduction Credits.">
  <paragraph num="A.">
    <text>An ERC may be transferred to the control of another person after it is certified and becomes federally enforceable.</text>
  </paragraph>
  <paragraph num="B.">
    <text>A person may not use an ERC in a manner that causes a violation of any applicable federal or State emission standard or requirement.</text>
  </paragraph>
  <paragraph num="C.">
    <text>ERCs may not be transferred to a third party or used for any other purpose except as offsets through a federally enforceable permit to construct.</text>
  </paragraph>
  <paragraph num="D.">
    <text>A source located in Maryland may use an ERC created by a source located in another State if:</text>
    <paragraph num="(1)">
      <text>The emission reduction is certified by the state in which it is created;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The conditions of the transfer are enforceable by the other state and the EPA; and</text>
    </paragraph>
    <paragraph num="(3)">
      <text>All of the requirements in this chapter are met.</text>
    </paragraph>
  </paragraph>
</regulation>