[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: 47CFR21.4]

[Page 28]
 
                       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. 21.4  Eligibility for station license.

    A station license may not be granted to or held by:
    (a) Any alien or the representative of any alien.
    (b) Any foreign government or the representative thereof.
    (c) Any corporation organized under the laws of any foreign 
government.
    (d) Any corporation of which more than one-fifth of the capital 
stock is owned of record or voted by: aliens or their representatives; a 
foreign government or representatives thereof; or any corporation 
organized under the laws of a foreign country.
    (e) Any corporation directly or indirectly controlled by any other 
corporation of which more than one-fourth of the capital stock is owned 
of record or voted by aliens or their representatives, or by a foreign 
government or representative thereof, or by any corporation organized 
under the laws of a foreign government, if the Commission finds that the 
public interest will be served by the refusal or revocation of such 
license.

[44 FR 60534, Oct. 19, 1979, as amended at 61 FR 55580, Oct. 28, 1996]