[Code of Federal Regulations]

[Title 47, Volume 2]

[Revised as of October 1, 2004]

From the U.S. Government Printing Office via GPO Access

[CITE: 47CFR25.119]



[Page 279-280]

 

                       TITLE 47--TELECOMMUNICATION

 

                    CHAPTER I--FEDERAL COMMUNICATIONS

                         COMMISSION (CONTINUED)

 

PART 25_SATELLITE COMMUNICATIONS--Table of Contents

 

                   Subpart B_Applications and Licenses

 

Sec. 25.119  Assignment or transfer of control of station authorization.



    (a) You must file an application for Commission authorization before 

you can transfer, assign, dispose of (voluntarily or involuntarily, 

directly or indirectly, or by transfer of control of any corporation or 

any other entity) your station license or accompanying rights. The 

Commission will grant your application only if it finds that doing so 

will serve the public interest, convenience and necessity.

    (b) For purposes of this section, transfers of control requiring 

Commission approval shall include any and all transactions that:

    (1) Change the party controlling the affairs of the licensee, or

    (2) Affect any change in a controlling interest in the ownership of 

the licensee, including changes in legal or equitable ownership.

    (c) Assignment of license. You must submit an FCC Form 312, Main 

Form and Schedule A to voluntarily assign (e.g., as by contract or other 

agreement) or involuntarily assign (e.g., as by death, bankruptcy, or 

legal disability) your station authorization. You must file these forms 

electronically through IBFS.

    (d) Transfer of control of corporation holding license. If you want 

to transfer control of a corporation, which holds one or more licenses 

voluntarily or involuntarily (de jure or de facto), you must submit an 

FCC Form 312, Main Form and Schedule A. You must file these forms 

electronically through IBFS. For involuntary transfers, you must file 

your application within 10 days of the event causing the transfer of 

control. You can also use FCC Form 312, Main Form and Schedule A for 

non-substantial (pro forma) transfers of control.

    (e) Whenever a group of station licenses in the same radio service 

for the same class of facility licensed to the same entity is to be 

assigned or transferred to a single assignee or transferee, a single 

application may be filed to cover the entire group, if the application 

identifies in an exhibit each station by call sign, station location and 

expiration date of license.

    (f) Assignments and transfers of control shall be completed within 

60 days from the date of authorization. Within 30 days of consumation, 

the Commission shall be notified by letter of the date of consummation 

and the file numbers of the applications involved in the transaction.

    (g) The Commission retains discretion in reviewing assignments and



[[Page 280]]



transfers of control of space station licenses to determine whether the 

initial license was obtained in good faith with the intent to construct 

a satellite system.



[56 FR 24016, May 20, 1991; 56 FR 29757, June 20, 1991. Redesignated and 

amended at 62 FR 5928, 5929, Feb. 10, 1997; 68 FR 51503, Aug. 27, 2003; 

69 FR 29901, May 26, 2004]