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