§ 5-205. Controlling interests in water and sewage disposal companies

MD Pub Util Code § 5-205 (2019) (N/A)
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(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.