There is a newer version of the Maryland Code
2013 Maryland Code
PUBLIC UTILITIES
§ 5-205 - Controlling interests in water and sewage disposal companies
MD Pub Util Code § 5-205 (2013) What's This?
§5-205.
(a) Without prior authorization of the Commission, a person may not transfer a controlling interest in a water company or sewage disposal company to another person.
(b) The Commission may authorize the transfer of a controlling interest in a water company or sewage disposal company if the Commission finds that the transfer is consistent with the public convenience and necessity.
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