[Code of Federal Regulations] [Title 47, Volume 2] [Revised as of October 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 47CFR21.17] [Page 33-34] TITLE 47--TELECOMMUNICATION CHAPTER I--FEDERAL COMMUNICATIONS COMMISSION (CONTINUED) PART 21--DOMESTIC PUBLIC FIXED RADIO SERVICES--Table of Contents Subpart B--Applications and Licenses Sec. 21.17 Certification of financial qualifications. Each application for a new license and each application for a major modification of an existing station shall [[Page 34]] contain a certification that the applicant has or will have the financial ability to meet the expected costs of constructing the facilities within the time allowed and the estimated operating expenses for a period of twelve months. [52 FR 37778, Oct. 9, 1987]