Md. Code, Public Utilities § 7-523
This is the official text of Md. Code, Public Utilities § 7-523, part of Maryland’s Code, Public Utilities — regulates utility companies.
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§7–523.
Official statutory text
(a) The Commission may require that a deferral of expenses under a rate stabilization plan be either voluntary or mandatory if the Commission finds that the required type of deferral is in the public interest.
(b) The rate stabilization plan may provide that a deferral shall be secured through the issuance of rate stabilization bonds authorized by a qualified rate order under this part.
(b) The rate stabilization plan may provide that a deferral shall be secured through the issuance of rate stabilization bonds authorized by a qualified rate order under this part.
Status: in_force · Read it on the official government site
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