{"data":{"id":"us-md/md.-code-public-utilities-7-508","jurisdiction":"us-md","citation":"Md. Code, Public Utilities § 7–508","heading":"","body":"(a) An electric company may transfer any of its generation facilities or generation assets to an affiliate.\n(b) The transfer of a generation facility or generation asset to an affiliate may not affect or restrict the Commission’s determination of the value of a generation asset for purposes of transition costs or benefits under § 7-513(b) of this subtitle.\n(c) (1) This subsection is in effect until the later of the date when:\n(i) all customers of the electric company are eligible for customer choice under § 7-510 of this subtitle; and\n(ii) the amount of transition costs or benefits arising from the generation to be transferred has been finally determined by the Commission under § 7-513(a) through (c) of this subtitle.\n(2) The Commission may review and approve the transfer for the sole purpose of determining:\n(i) that the appropriate accounting has been followed;\n(ii) that the transfer does not or would not result in an undue adverse effect on the proper functioning of a competitive electricity supply market; and\n(iii) the appropriate transfer price and rate making treatment.\n(3) The Commission shall act on the transfer of a generation facility or generation asset under this subsection within 180 days after the electric company files its proposed transfer application and any required supporting information.","path":["Article - Public Utilities"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gpu\u0026section=7-508","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:28Z","sha256":"ee855bbe67bf986d381a2481861e3b5f469e17282eaf2a207355ba2bc1448dc4","source_id":"us-md","stale":false,"prev":"us-md/md.-code-public-utilities-7-507","next":"us-md/md.-code-public-utilities-7-509"},"notice":"GroundRules: Original legal text. Not legal advice."}