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Maryland Public Utility Companies Section 5-202

Article - Public Utility Companies

§ 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.