Free Rate Stabilization Property Notice - Maryland

Maryland Department of Assessments & Taxation

Electric Rate Stabilization Property Notice
The Department of Assessments and Taxation has established and maintains a public system of records for electric companies and secured parties to file Rate Stabilization Property Notices pursuant to Chapter 5 of the Laws of Maryland 2006, Emergency Session. Once the filings are made, the Department shall make available to the public via the agency's website document images of the notices filed. The Rate Stabilization Property Notice (RSN-1) filed by electric companies and secured parties for the securization of the recovery of rate stabilization costs for transitioning residential customers from capped generation rates to market-based rates is shown here. The form may be completed on-line but must be submitted by hand delivery to the Charter Section of the Department in the public service room on the 8th Floor at 301 West Preston Street, Baltimore, Maryland 21201.

DAT: 2/2007

MARYLAND DEPARTMENT OF ASSESSMENTS AND TAXATION RATE STABILIZATION PROPERTY NOTICE 1. ASSIGNOR OR GRANTOR
1(a). Exact Full Legal Name (Insert Only One Name ­ Do Not Abbreviate)

1(b). Full Mailing Address

Street, City, State, Zip code, Country

2. ASSIGNEE OR FINANCING PARTY (Complete Additional Notices if More than One)
2(a). Exact Full Legal Name (Insert Only One Name ­ Do Not Abbreviate)Notices If More Than One 1. ASSIGNEE (FINANCING PARTY) - Complete Additional

2(b). Full Mailing Address

Street, City, State, Zip code, Country

3. TYPE OF FILING (Check Appropriate Boxes):
3(a). NEW FILING, indicate either (1), (2), or (3) below. (1) This Rate Stabilization Property Notice is filed to initially perfect a Security interest in Rate Stabilization Property. (2) This Rate Stabilization Property Notice is filed to transfer a previously perfected security interest in Rate Stabilization Property to a new financing party. (3) This Rate Stabilization Property Notice is filed to record a sale or other absolute transfer of an interest (other than a security interest) in Rate Stabilization Property to an assignee. 3(b). SUPPLEMENTAL: If Supplemental filing, provide the16-digit file number for the affected document and check either (1) or (2) below:
File Number:

(1) Amendment/Correction: Purpose (2) Termination 4. RECOVERY UNDER QUALIFIED RATE ORDER: (Check Only One Box) (1) (2) This rate Stabilization Property Notice relates to all of the recovery permitted under Qualified Rate Order and the amount of the Rate Stabilization Property arising therefrom. This Rate Stabilization Property Notice relates to only a portion of the recovery permitted under the Qualified Rate Order. The portion or the amount thereof to which this Rate Stabilization Notice relates is set forth below:

RSN-1 DAT

5. PUBLIC SERVICE COMMISSION QUALIFIED RATE ORDER NUMBER AND CASE NUMBER:
RATE NUMBER: CASE NUMBER:

6. NAME OF ELECTRIC COMPANY IN THE QUALIFIED RATE ORDER:

7. DATE TRANSFER DOCUMENTS DELIVERED TO ASSIGNEE IF A SALE OR OTHER ABSOLUTE TRANSFER:

8. DATE VALUE RECEIVED FOR THE RATE STABILIZATION BONDS: 9. IF THIS NOTICE IS FILED WITH RESPECT TO A SECURITY INTEREST IN RATE STABILIZATION PROPERTY PROPERTY, IDENTIFY THE RATE STABILIZATION BONDS THAT ARE SECURED BY THAT INTEREST:

10. SIGNATURES OF ASSIGNOR OR GRANTOR AND ASSIGNEE OR FINANCING PARTY:

Printed Name of Signer for Assignor or Grantor

Legal Name of Assignor or Grantor

Signature

Date

Printed Name of Signer for Assignee or Financing Party

Legal Name of Assignee or Financing Party

Signature

Date

11. ADDRESS ACKNOWLEDGEMENT TO: (Name and Address)

12. NAME AND TELEPHONE NUMBER OF CONTACT:

RSN-1 DAT

INSTRUCTIONS FOR FORM RSN-1 RATE STABILIZATION PROPERTY NOTICE
ITEM 1 ­ ASSIGNOR OR GRANTOR: Insert the exact legal name and address of the assignor or grantor by which this notice shall be indexed and retrieved. ITEM 2 ­ ASSIGNEE OR FINANCING PARTY: Insert the exact legal name and address of the assignee or financing party by which this notice shall also be indexed and retrieved. ITEM 3 ­ TYPE OF FILING: The person submitting the Rate Stabilization Property Notice must check whether it is a new filing or a supplemental filing. If it is a new filing, check the appropriate box as to its purpose. A new filing must be made every time there is an addition of a financing party. If it is a supplemental filing, the file number of the earlier filing being affected must be inserted on the line provided. In addition, check the appropriate box indicating the purpose of the supplemental filing. If a supplemental filing is an amendment or correction, enter the purpose of the amendment or correction. ITEM 4 ­ RECOVERY AUTHORIZED UNDER QUALIFIED RATE ORDER: The filing party must check the appropriate box indicating whether the recovery is for the whole or a portion of the amount permitted under the Qualified Rate Order. ITEM 5 ­ PUBLIC SERVICE COMMISSION QUALIFIED RATE ORDER NUMBER AND CASE NUMBER: The exact Rate Order number and Case Number issued by the Maryland Public Service Commission to approve the Rate Stabilization Charges must be included as these numbers are another index for retaining and retrieving this Rate Stabilization Property Notice. ITEM 6 ­ NAME OF ELECTRIC COMPANY IN THE QUALIFIED RATE ORDER: This is the entity that the Public Service Commission has authorized to recover the Rate Stabilization Costs. ITEM 7 ­ DATE TRANSFER DOCUMENTS DELIVERED TO ASSIGNEE IF A SALE OR OTHER ABSOLUTE TRANSFER: Insert the specific date on which the transfer of documents to the assignee occurs under Public Utility Companies Article, § 7-542(c)(1)(ii). If not applicable, insert "N.A.". ITEM 8 ­ DATE VALUE RECEIVED FOR THE RATE STABILIZATION BONDS: Insert the specific date on which the value for the Rate Stabilization Bonds was received under Public Utility Companies Article, § 7-542(b). If value has not yet been received, insert "To Be Received". ITEM 9 ­ IDENTIFICATION OF RATE STABILIZATION BONDS: If this Notice relates to the grant of a security interest in Qualified Rate Stabilization Property, identify the Rate Stabilization Bonds that are secured by that interest. ITEM 10 ­ SIGNATURES OF ASSIGNOR OR GRANTOR AND ASSIGNEE OR FINANCING PARTY: This space is provided for the signatures of the authorized persons to sign on behalf of the respective parties. ITEM 11 ­ ADDRESS ACKNOWLEDGEMENT TO: Insert the name and address of the person to whom the Department's official acknowledgement of a Rate Stabilization Property Notice shall be addressed. This acknowledgement will be hand delivered to the agent/courier who delivers the notice for filing. ITEM 12 ­ NAME AND TELEPHONE NUMBER OF CONTACT: An individual should be listed here in the event that there is a need for subsequent communication by the Department with the filing party. This information will be redacted from the image of the Rate Stabilization Property Notice made available to the public via the Department's website.