§ 7-532. Termination, expiration, and extension of orders

Latest version.

(a) Termination and expiration of order. -- A qualified rate order shall terminate and expire 1 year after the date of its adoption if, during that period, no rate stabilization bonds authorized in the qualified rate order shall have been issued.

(b) Extension. -- This period shall be extended by any period during which judicial proceedings for review may be pending in accordance with § 7-528(c) of this subtitle.

HISTORY: 2006 Sp. Sess., ch. 5, § 1.

                    
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