Maryland Statutes
Subtitle 2 - Powers of Public Service Companies
Section 5-202 - Actions Affecting Franchises

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.

Structure Maryland Statutes