A transfer of a certificate of operating authority shall be approved after a hearing upon a showing of continued financial and technical competency if the transfer is approved. An application for a transfer of a certificate of operating authority must contain the proposed tariff (in the format approved by the commission) that will be in place after the transfer and include a statement that the LEC will meet the requirements set forth in section 12 of this rule.

[11-15-96; Recompiled 12/31/01]