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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 15. PUBLIC UTILITIES AND CABLE TELEVISION |
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Chapter 15-35. APPLICATIONS FOR AUTHORITY TO ISSUE OR AMEND TARIFFS OR ISSUE STOCK OR EVIDENCES OF INDEBTEDNESS |
Section 15-3502. ADDITIONAL PROCEDURES FOR ISSUANCE OF STOCK OR EVIDENCES OF INDEBTEDNESS
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3502.1Each application shall specify the type, number, and dollar amount of the proposed stock or evidences of indebtedness to be authorized and shall indicate the purpose(s) to which the resulting proceeds shall be applied.
3502.2Each application shall be accompanied by a draft certificate of authority, if required by D.C. Code § 43-701 et seq.
3502.3Any Order issued by the Commission approving an application for issuance of stock or evidences of indebtedness shall be accompanied by a certificate if required by D.C. Code § 43-701 et seq.
3502.4Any certificate issued by the Commission granting authority to issue stock or evidences of indebtedness shall specify that the grant of authority is valid for a period of three (3) years.
3502.5A prior certificate of financing authority that has not yet expired shall be deemed revoked upon approval of a new application for authority to issue stock or evidences of indebtedness.