Ga. Comp. R. & Regs. R. 515-4-1-.01 - Applications Must be Sworn To

(1) All applications for the issuance of stocks, bonds or notes, or other evidence of debts, payable more than twelve months after date thereof, by companies subject to these rules shall be by written petition, verified by the president or other officer of such company, setting forth the information hereinafter required. Such petition may be duly assigned for hearing as provided herein except that those petitions submitted by Electric Membership Corporations, small businesses as defined in O.C.G.A. (50-13-4.a3), and other small businesses that may, from time to time, finance through government lending agencies or through government administered or guaranteed loans shall not require a hearing.

(2) For applications not requiring a hearing, all discovery, responses, analysis and recommendations must be completed such that the application can be acted upon by this Commission in Administrative Session within 60 days of the original filing.

Notes

Ga. Comp. R. & Regs. R. 515-4-1-.01

Ga. L. 1978-79 as amended: Ga. L. 1975, pp. 404-412.

Original Rule entitled "Applications Must be Sworn To" was filed on December 29, 1975; effective January 1, 1976, as specified by Ga. L. 1975, p. 411. Amended: Filed July 29, 1986; effective August 17, 1986.