SUBTITLE 5. ELECTRIC INDUSTRY RESTRUCTURING.

PART I. GENERAL PROVISIONS.

7-501.

(A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(B) "AFFILIATE" MEANS A PERSON THAT DIRECTLY OR INDIRECTLY, OR
THROUGH ONE OR MORE INTERMEDIARIES, CONTROLS, IS CONTROLLED BY, OR IS
UNDER COMMON CONTROL WITH, OR HAS, DIRECTLY OR INDIRECTLY, ANY
ECONOMIC INTEREST IN ANOTHER PERSON.

(C) (1) "ASSIGNEE" MEANS A PERSON TO WHOM AN ELECTRIC COMPANY
ASSIGNS OR TRANSFERS ALL OR A PORTION OF ITS INTEREST IN INTANGIBLE
TRANSITION PROPERTY, OTHER THAN AS SECURITY.

(2) "ASSIGNEE" INCLUDES A PERSON TO WHOM ALL OR A PORTION OF
THE INTEREST IS SUBSEQUENTLY ASSIGNED OR TRANSFERRED.

(D) "COMPETITIVE TRANSITION CHARGE" MEANS A RATE, CHARGE, CREDIT,
OR OTHER APPROPRIATE MECHANISM AUTHORIZED TO BE IMPOSED FOR THE
RECOVERY OF TRANSITION COSTS AS DETERMINED BY THE COMMISSION UNDER §
7-513 OF THIS SUBTITLE.

(E) "CONSUMER" AND "CUSTOMER" EACH MEANS A RETAIL ELECTRIC
CUSTOMER

(F) "CUSTOMER CHOICE" MEANS THE RIGHT OF ELECTRICITY SUPPLIERS
AND CUSTOMERS TO UTILIZE AND INTERCONNECT WITH THE ELECTRIC
DISTRIBUTION SYSTEM ON A NONDISCRIMINATORY BASIS AT RATES, TERMS, AND
CONDITIONS OF SERVICE COMPARABLE TO THE ELECTRIC COMPANY'S OWN USE OF
THE SYSTEM TO DISTRIBUTE ELECTRICITY FROM A ELECTRICITY SUPPLIER TO A
CUSTOMER UNDER WHICH A CUSTOMER HAS THE OPPORTUNITY TO PURCHASE
ELECTRICITY FROM THE CUSTOMER'S CHOICE OF LICENSED ELECTRICITY
SUPPLIERS.

(G) "DISTRIBUTION TERRITORY" MEANS THE GEOGRAPHIC AREA IN WHICH AN
ELECTRIC COMPANY WAS PROVIDING ELECTRIC TRANSMISSION OR DISTRIBUTION
SERVICES TO CUSTOMERS ON JULY 1, 1999.

(H) "INDEPENDENT SYSTEM OPERATOR" MEANS AN ENTITY AUTHORIZED BY
THE FEDERAL ENERGY REGULATORY COMMISSION TO CONTROL A REGIONAL
TRANSMISSION GRID.

(I) "INITIAL IMPLEMENTATION DATE" MEANS:

(1) JULY 1, 2000, FOR INVESTOR-OWNED ELECTRIC COMPANIES;

(2) THE DATE OR DATES DETERMINED BY THE COMMISSION FOR
ELECTRIC COOPERATIVES AND MUNICIPAL ELECTRIC UTILITIES; OR