A utility valuation expert may not:
(1) derive any material financial benefit from the sale of the selling utility other than fees for services rendered; or
(2) be an immediate family member of a director, an officer, or an employee of either the acquiring entity or the selling utility within 12 months before the date of hiring to perform an appraisal under this subtitle.
Structure Maryland Statutes
Division I - Public Services and Utilities
Subtitle 3 - Acquisition of Water Companies and Sewage Disposal Companies
Section 6-302 - Applicability of Subtitle
Section 6-304 - Determining Fair Market Value of the Selling Utility
Section 6-305 - Restrictions on Utility Valuation Expert
Section 6-306 - Rate Making Rate Base
Section 6-307 - Application for Commission Approval of Acquisition