Code of Maryland Regulations › Title 18 - DEPARTMENT OF ASSESSMENTS AND TAXATION › Subtitle 16 - RATE STABILIZATION PROPERTY › Chapter 18.16.01 - General Provisions › Section 18.16.01.02 - Definitions

Current through Register Vol. 51, No. 14, July 12, 2024
A. In this subtitle, the following terms have the meanings indicated.
B. Terms Defined.
(1) "Amendment" means a record that amends a previously filed record.
(2) "Assignee" has the meaning stated in Public Utilities Article, §7-520(b), Annotated Code of Maryland.
(3) "Assignor" means an electric company or other person that transfers an interest in rate stabilization property to an assignee.
(4) "Case number" means a number assigned by the Commission to a docketed matter.
(5) "Commission" means the Public Service Commission of Maryland, including a duly appointed successor entity.
(6) "Correction" means a record that corrects a previously filed record.
(7) "Date of delivery of transfer documents to assignee" means the date of delivery of documents pursuant to Public Utilities Article, §7-542(c), Annotated Code of Maryland.
(8) "Date value received for rate stabilization bonds" means the date certain that consideration is received for rate stabilization bonds.
(9) "Electric company" has the meaning stated in Public Utilities Article, §7-521, Annotated Code of Maryland.
(10) "Filing" means presenting a record to the filing office.
(11) "Filing date" means the date on which the filing office is presented with a record as evidenced by a notation on the record and a permanent entry in the information management system of the filing office.
(12) "File number" means a unique identifying number assigned by the information management system of the filing office to a record filed pursuant to this subtitle.
(13) "Filing office" means the State Department of Assessments and Taxation.
(14) "Filing party" means a person that makes a filing pursuant to this subtitle.
(15) "Filing time" means the time of day at which the filing office is presented with a record as evidenced by a notation on the record and a permanent entry in the information management system of the filing office.
(16) "Financing party" has the meaning stated in Public Utilities Article, §7-520(c), Annotated Code of Maryland.
(17) "Grantor" means an electric company or other person that grants a security interest in a rate stabilization property to another entity.
(18) "Person" has the meaning stated in Public Utilities Article, §1-101(m), Annotated Code of Maryland.
(19) "Qualified rate order" has the meaning stated in Public Utilities Article, §7-520(d), Annotated Code of Maryland.
(20) "Qualified rate stabilization charge" has the meaning stated in Public Utilities Article, §7-520(e), Annotated Code of Maryland.
(21) "Rate stabilization bond" has the meaning stated in Public Utilities Article, §7-520(f), Annotated Code of Maryland.
(22) "Rate stabilization cost" has the meaning stated in Public Utilities Article, §7-520(g), Annotated Code of Maryland.
(23) "Rate stabilization property" has the meaning stated in Public Utilities Article, §7-520(i), Annotated Code of Maryland.
(24) Record.
(a) "Record" means a document filed with the filing office on the form approved by the filing office entitled "Rate Stabilization Property Notice".
(b) "Record" includes:
(i) The notice of a security interest in rate stabilization property pursuant to Public Utilities Article, §7-542(b), Annotated Code of Maryland, and all amendments, corrections, and terminations related to that notice; and
(ii) The notice of sale and transfer to an assignee of an interest (other than a security interest) in rate stabilization property and all amendments, corrections, and terminations related to that notice.
(25) "Termination" means a record that indicates that the related rate stabilization property notice has ceased to be effective as to the financing party or assignee authorizing the termination.