All applications to the Public Utilities Commission under the provisions of §§ 49-34A-29 and 49-34A-30 shall be disposed of promptly, and in any event within thirty days after petition is filed with the commission unless, for good cause, it is necessary to continue consideration thereof for a longer period. Whenever such application is continued beyond said thirty - day period the commission shall enter its order effecting such continuance and stating fully therein the facts requiring continuance for a designated period of time.
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