Maryland Statutes
Subtitle 2 - Powers of Public Service Companies
Section 5-205 - Controlling Interests in Water and Sewage Disposal Companies

(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.

Structure Maryland Statutes