Md. Code, PUC § 6-305

Current with changes from the 2024 Legislative Session
Section 6-305 - Restrictions on utility valuation expert

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.

Md. Code, PUC § 6-305

Added by 2018 Md. Laws, Ch. 220, Sec. 1, eff. 10/1/2018.
Added by 2018 Md. Laws, Ch. 219, Sec. 1, eff. 10/1/2018.