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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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PUBLIC UTILITIES |
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DIVISION I. PUBLIC SERVICES AND UTILITIES |
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TITLE 7. GAS, ELECTRIC, AND WATER COMPANIES |
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SUBTITLE 5. ELECTRIC INDUSTRY RESTRUCTURING |
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PART III. RATE STABILIZATION |
§ 7-536. Permissible provisions of order
Latest version.
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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.