§ 5-202. Actions affecting franchises

MD Pub Util Code § 5-202 (2019) (N/A)
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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.