Maryland Code, PUBLIC UTILITIES 8-102
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Terms Used In Maryland Code, PUBLIC UTILITIES 8-102
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Corporations may be formed as provided in the Corporations and Associations Article to own, lease, construct, or operate telegraph or telephone lines as provided in § 8-103 of this subtitle.