There Is a Newer Version of the Maryland Code
Maryland Public Utility Companies Section 5-202
§ 5-202.
  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.