§ 5-202

Maryland § 5-202

• Jurisdiction: Maryland
• Article gpu: Public Utilities
• Title: 5

Text

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.