There is a newer version of the Maryland Code
2013 Maryland Code
PUBLIC UTILITIES
§ 7-523 - Deferrals
MD Pub Util Code § 7-523 (2013) What's This?
§7-523.
(a) The Commission may require that a deferral of expenses under a rate stabilization plan be either voluntary or mandatory if the Commission finds that the required type of deferral is in the public interest.
(b) The rate stabilization plan may provide that a deferral shall be secured through the issuance of rate stabilization bonds authorized by a qualified rate order under this part.
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