Md. Code Regs. 20.73.02.09

Current through Register Vol. 51, No. 22, November 1, 2024

Section 20.73.02.09 - Prior Commission Approval of Borrowings

Any long-term borrowing, payable in whole or in part more than 12 months after date of issuance, by a water or sewage disposal company regulated by the Commission shall be void and of no force and effect unless made with the prior approval of, or until approved by, the Commission.