US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Section 5-201 – Franchises

    (a)    A public service company may not exercise a franchise granted by law except to the extent authorized by the Commission.     (b)    A public service company may not exercise a franchise unless it files with the Commission:         (1)    a certified copy of its charter; and         (2)    a statement by its president and secretary, signed under oath, that the appropriate […]

Section 5-202 – Actions Affecting Franchises

    Without prior authorization of the Commission, a public service company may not:         (1)    assign, lease, or transfer a franchise or a right under a franchise;         (2)    enter into any agreement or contract that materially affects a franchise or a right under a franchise; or         (3)    abandon or discontinue the exercise of a franchise or a right as a […]

Section 5-203 – Securities

    (a)    This section does not apply to a merger of or transfer of stock or other ownership interest between:         (1)    a telephone company; and         (2)    another entity with a greater than 50% ownership in common with the telephone company.     (b)    Subject to § 6–101 of this article, without prior authorization of the Commission, a public service company may not […]

Section 5-204 – Construction of Water and Sewage Disposal Systems

    (a)    This section does not apply to:         (1)    a municipal corporation, sanitary district, or other unit of government;         (2)    an individual, for the construction of a water system or sewage disposal system for the individual’s personal or private use; or         (3)    a group of individuals for their joint personal or private use, unless the Commission finds that the joint […]

Section 5-205 – Controlling Interests in Water and Sewage Disposal Companies

    (a)    Without prior authorization of the Commission, a person may not transfer a controlling interest in a water company or sewage disposal company to another person.     (b)    The Commission may authorize the transfer of a controlling interest in a water company or sewage disposal company if the Commission finds that the transfer is consistent with the public […]