3502. ADDITIONAL PROCEDURES FOR ISSUANCE OF STOCK OR EVIDENCES OF INDEBTEDNESS

3502 ADDITIONAL PROCEDURES FOR ISSUANCE OF STOCK OR EVIDENCES OF INDEBTEDNESS 3502.1 Each 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. 3502.2 Each application shall be accompanied by a draft certificate of authority, if required by D.C. Code § 34–501 et seq. 3502.3 Any 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 § 34–501 et seq. 3502.4 Any 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. 3502.5 A 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. SOURCE: Final Rulemaking published at 47 DCR 8202 (October 13, 2000); as amended by Final Rulemaking published at 72 DCR 008215 (July 25, 2025). District of Columbia Municipal Regulations Public Utilities and Cable Television 15 DCMR § 3502