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Maryland Code, Public Utilities § 6-207

Current as of December 31, 2021 | Updated by FindLaw Staff

In addition to any other information that the Commission requires, the annual report of a public service company shall state:

(1) the amount and kind of:

(i) authorized capital stock;

(ii) capital stock issued and outstanding;

(iii) authorized bonded indebtedness; and

(iv) bonds and other evidence of indebtedness issued and outstanding;

(2) receipts and expenditures for the year reported;

(3) the amount paid as dividends and interest on bonds or other evidence of indebtedness;

(4) the amount of salary paid to each officer, by name, and the amount paid as wages to employees;

(5) the location of the public service company's plants with a full description of each plant and franchise, stating in detail how each franchise was acquired; and

(6) when applicable:

(i) a monthly compilation of expenditures that were the basis for any fuel rate adjustment; and

(ii) an annual recapitulation of the information required under item (i) of this item.

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Cite this article: FindLaw.com - Maryland Code, Public Utilities § 6-207 - last updated December 31, 2021 | https://codes.findlaw.com/md/public-utilities/md-code-public-util-sect-6-207/

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