FCC 73.3540 Revised as of December 4, 2012
Goto Year:2011 |
§ 73.3540 Application for voluntary assignment or transfer of control.
(a) Prior consent of the FCC must be obtained for a voluntary
assignment or transfer of control.
(b) Application should be filed with the FCC at least 45 days prior to
the contemplated effective date of assignment or transfer of control.
(c) Application for consent to the assignment of construction permit or
license must be filed on FCC Form 314 “Assignment of license” or FCC
Form 316 “Short form” (See paragraph (f) of this section).
(d) Application for consent to the transfer of control of a corporation
holding a construction permit or license must be filed on FCC Form 315
“Transfer of Control” or FCC Form 316 “Short form” (see paragraph (f)
of this section).
(e) Application for consent to the assignment of construction permit or
license or to the transfer of control of a corporate licensee or
permittee for an FM or TV translator station, a low power TV station
and any associated auxiliary station, such as translator microwave
relay stations and UHF translator booster stations, only must be filed
on FCC Form 345 “Application for Transfer of Control of Corporate
Licensee or Permittee, or Assignment of License or Permit for an FM or
TV translator Station, or a Low Power TV Station.”
(f) The following assignment or transfer applications may be filed on
FCC “Short form” 316:
(1) Assignment from an individual or individuals (including
partnerships) to a corporation owned and controlled by such individuals
or partnerships without any substantial change in their relative
(2) Assignment from a corporation to its individual stockholders
without effecting any substantial change in the disposition of their
(3) Assignment or transfer by which certain stockholders retire and the
interest transferred is not a controlling one;
(4) Corporate reorganization which involves no substantial change in
the beneficial ownership of the corporation;
(5) Assignment or transfer from a corporation to a wholly owned
subsidiary thereof or vice versa, or where there is an assignment from
a corporation to a corporation owned or controlled by the assignor
stockholders without substantial change in their interests; or
(6) Assignment of less than a controlling interest in a partnership.
[ 44 FR 38496 , July 2, 1979, as amended at 48 FR 21486 , May 12, 1983; 49 FR 47843 , Dec. 7, 1984; 50 FR 32416 , Aug. 12, 1985]
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