§ 7-523
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/md/public-utilities/7-523A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–523.
(a)The Commission may require that a deferral of expenses under a rate stabilization plan be either voluntary or mandatory if the Commission finds that the required type of deferral is in the public interest.
(b)The rate stabilization plan may provide that a deferral shall be secured through the issuance of rate stabilization bonds authorized by a qualified rate order under this part.