3806.1 Whenever the Commission orders, or these rules require, that an escrow account be established by a party, the conditions set forth in this section shall apply.3806.2 The amount of money specified in the order shall be placed in a bank or other financial institution within the District of Columbia.3806.3 The deposit shall be placed in an account that pays the prevailing rate of interest.3806.4 The sum deposited shall be placed in escrow and outside of the control of the party depositor.3806.5 The escrow agent shall be unable to release the sum deposited in any way other than as ordered by the Commission.3806.6 The party establishing the escrow account shall file a copy of the escrow agreement with the Commission and the opposing party.3806.7 The escrow account shall be established within the time period specified by the Commission.3806.8 Any party ordered to or required under this section to establish an escrow account may in lieu thereof purchase a supersedeas bond that complies with the provisions of this section.

SOURCE: Notice of Final Rulemaking published at 33 DCR 1336, 1341 (March 7, 1986).