Any contract, assignment, transfer, or agreement for transfer or purchase of stock in violation of the provisions of this article is void.
Structure Maryland Statutes
Division I - Public Services and Utilities
Section 6-101 - Prior Approval
Section 6-102 - Issuance of Stocks, Bonds, and Other Indebtedness
Section 6-103 - Limitations on Capitalization
Section 6-104 - Void Transactions
Section 6-106 - Acquisition of Substantial Influence Over Investor-Owned Electric Companies