Maryland Statutes
Part III - Rate Stabilization
Section 7-536 - Permissible Provisions of Order

A qualified rate order under this part that authorizes the issuance of rate stabilization bonds may:
        (1)    state the rights and remedies of bondholders and any assignee; and
        (2)    contain provisions to protect and enforce the rights and remedies of bondholders and any assignee.

Structure Maryland Statutes

Maryland Statutes

Public Utilities

Division I - Public Services and Utilities

Title 7 - Gas, Electric, and Water Companies

Subtitle 5 - Electric Industry Restructuring

Part III - Rate Stabilization

Section 7-520 - Definitions

Section 7-521 - Applicability

Section 7-522 - Filing Rate Stabilization Plan

Section 7-523 - Deferrals

Section 7-524 - Tariffs Implementing Rate Stabilization Plan; Application for Qualified Rate Order

Section 7-525 - Recovery of Actual Cost of Deferred Expenses

Section 7-526 - Application for Qualified Rate Order

Section 7-527 - Order to Include Costs and Recovery Time Period

Section 7-528 - Effectiveness and Irrevocability; Review

Section 7-529 - Time Limit for Commission's Decision

Section 7-530 - Qualified Rate Stabilization Charges -- Imposition and Collection Are Nonbypassable

Section 7-531 - Commission to Establish Procedures and Time Frames for Review

Section 7-532 - Termination, Expiration, and Extension of Orders

Section 7-533 - Retiring and Refunding Bonds

Section 7-534 - Modified or Additional Qualified Rate Orders

Section 7-535 - Bond Not Debt, Liability, or Pledge of State or Governmental Unit

Section 7-536 - Permissible Provisions of Order

Section 7-537 - Rate Stabilization Property

Section 7-538 - Exemption From Taxes and Charges

Section 7-539 - Status of Agreement as Sale

Section 7-540 - Interest of Assignee or Pledgee Not Subject to Setoff, Counterclaim, Surcharge, or Defense; Order Effective Despite Bankruptcy

Section 7-541 - Required Statements in Electric Bills

Section 7-542 - Liens or Assignments of Rate Stabilization Property

Section 7-543 - Successors to Perform and Satisfy Obligations

Section 7-544 - Assignees or Financing Parties Not Considered Public Service Company or Electric Supplier