Maryland § 6-210
Full text of Maryland Maryland Code § 6-210, with citation guidance and answers to common questions.
§ 6-210.
(a) (1) Except as provided in paragraph (2) of this subsection, a public service company shall describe in its annual report each long-term debt of the public service company exceeding $1,000,000, including:
(i) the name and address of the creditor;
(ii) the character of the debt;
(iii) the nature of any security;
(iv) the date of origin of the debt;
(v) the date of maturity of the debt;
(vi) the total amount of the debt;
(vii) the rate of interest; and
(viii) the total amount of interest to be paid.
(2) If the long-term debt is in the form of bonds, debentures, or other widely held debt, the public service company shall list the name and address of the trustee, if available, in place of the name and address of the creditor.
(b) In its annual report, a public service company shall:
(1) except for the accounts payable of the public service company, describe each short–term debt, including:
(i) the name and address of the creditor;
(ii) the character of the debt;
(iii) the period of the debt;
(iv) the rate of interest;
(v) the total amount of the debt;
(vi) the nature of any security; and
(vii) the date the debt was paid or shall be paid;
(2) describe, if involving aggregate payments exceeding $1,000,000, each financing lease, equipment trust, conditional sales contract, or major liability related to the capital assets of the public service company; and
(3) provide a copy of any restrictive covenant attached to the debt described in item (1) or (2) of this subsection.
(c) In its annual report, a public service company shall, if available:
(1) list the name and address of each holder of more than 5% of each issue reported under this section; and
(2) identify the holder as a bank, broker, holding company, individual, or other person.
Frequently Asked Questions About Maryland § 6-210
What does Maryland Code § 6-210 cover?
Section 6-210 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 6-210?
A common citation format is "Maryland Code § 6-210" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 6-210 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.