3501.1 An application for authority to issue stock or evidences of indebtedness that are payable in more than one year shall be approved by the Commission within thirty (30) days after the publication date in the Commission's docket, provided that: (1) no objection is filed within thirty (30) days after the publication date; and (2) the Commission does not order additional time for review of the application.

3501.2 An applicant wishing to have an application reviewed under this Chapter shall file an application electronically (and any information supporting the application) with the Office of the Commission Secretary. The application shall clearly state that the applicant seeks expedited review under this Chapter. The applicant shall also serve a copy of the application on the Office of the People's Counsel on the date the application is filed.

3501.3 Any party objecting to the expedited handling of the application shall file an objection, in writing, with the Commission within thirty (30) days of the publication date. The objection shall clearly state the reasons for which the application should not be handled through the expedited procedure. A copy of the objection shall be served on the applicant and the Office of the People's Counsel.

3501.4 Responses to objections shall be filed with the Commission within thirty-five (35) days of the publication date. A copy of the response shall be served on the objecting party and the Office of the People's Counsel.

3501.5 When an objection to an application is filed, the Commission shall determine within fifteen (15) days after the period for filing an objection has expired whether to handle the application through the expedited procedure. The Commission may grant an objection if the objection is clearly supported by substantive reasons for which the application should not be reviewed through the expedited procedure. Where an objection is granted, the application shall not be handled through the expedited procedure and shall be considered by the Commission following such additional comment and hearing period that the Commission deems appropriate. The Commission Order granting the objection shall state the reasons for which the application shall not be handled through this Chapter. Where an objection is denied, the Commission may approve the application by Order.

3501.6 When no objection to an application is filed, the Commission may on its own initiative determine that additional time is needed to review the application. Such a determination must be made no later than thirty (30) days after the publication date and must state the reasons for which the application shall not be handled through this Chapter.

3501.7 If the Commission approves an application for authority to issue stocks or

evidences of indebtedness, the approval will become effective upon issuance of a Commission order.

3501.8 If no objection to the application is filed and if the Commission takes no action on the application within forty (40) days after the publication date, then the issuance of stock or evidences of indebtedness is deemed approved. An applicant whose application for authority to issue stock or evidences of indebtedness has been approved pursuant to this section may petition the Commission for a certificate if required by D.C. Code § 34–501 et seq.

3501.9 Applications for changes in base rates submitted pursuant to D.C. Code § 34-901 and 15 DCMR § 200 et seq. may not be reviewed under the expedited procedures contained in this Chapter.

3501.10 Pursuant to D.C. Code § 34–2002, applications filed by competitive local exchange carriers for issuance of stock or evidences of indebtedness shall be presumed just and reasonable and deemed approved upon filing with the Commission.

SOURCE: Final Rulemaking published at 47 DCR 8202 (October 13, 2000); as amended by Final Rulemaking published at 72 DCR 008215 (July 25, 2025).