A. If an applicant is incorporated, it shall file:
- (1) A certified copy of the charter or articles of incorporation, together with any amendments;
- (2) A copy of the bylaws, together with any amendments;
- (3) Any stock issuance statements; and
- (4) The amount and classes of stock for which the applicant will seek the authority of the Commission to issue and the stated or par value of the shares.
- B. The applicant shall describe the relationship, if any, with a land or home developer concerning the formation, construction, and operation of the proposed system.
- C. An applicant shall submit documentary evidence clearly showing that it is an entity separate from any land or business activity not related to the normal and incidental activities of a water, sewage disposal, or water and sewage disposal company and that it shall keep and maintain books, accounts, and records of expenses, and revenues attributable solely to its operations.
Authority: Public Utilities Article, §§2-121 and 5-204, Annotated Code of Maryland
Effective date: October 11, 1982 (9:20 Md. R. 1982)