(2001)

Dear Michael J. Travieso, Esquire

You have requested our opinion concerning participation by the Office of People's Counsel in an independent system operator ("ISO") that has been approved by federal regulatory authorities as a neutral facilitator of the regional wholesale electricity market that serves most of Maryland. Specifically, you have requested our advice as to whether the Office of People's Counsel may become an "ex officio member" of the ISO, which is structured as a limited liability company under Delaware law, and whether such membership would subject the State to "an unacceptable…