§ 25-402
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/md/public-utilities/25-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§25–402.
(a)In addition to any other charges authorized under this division, the Commission may impose a system development charge that shall be paid by an applicant for new service.
(b)The system development charge shall be paid as follows:
(1)for residential properties:
(i)50% at the time the plumbing permit application is filed; and
(ii)50% within 12 months after the earlier of the date on which a plumbing permit application is filed or on transfer of title to the property; and
(2)for other properties, 100% at the time the plumbing permit application is filed.
(c)When the applicant files the plumbing permit application, the applicant shall deposit with the Commission security:
(1)in the form of an irrevocable letter of credit;
(2)in the form of a financial guaranty bond; or
(3)in a form the Commission establishes and approves under its regulations.