§ 5-202
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/md/public-utilities/5-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.