FCC 73.858 Revised as of December 4, 2012
Goto Year:2011 |
§ 73.858 Attribution of LPFM station interests.
Ownership and other interests in LPFM station permittees and licensees
will be attributed to their holders and deemed cognizable for the
purposes of § § 73.855 and 73.860, in accordance with the provisions of
§ 73.3555, subject to the following exceptions:
(a) A director of an entity that holds an LPFM license will not have
such interest treated as attributable if such director also holds an
attributable interest in a broadcast licensee or other media entity but
recuses himself or herself from any matters affecting the LPFM station.
(b) A local chapter of a national or other large organization shall not
have the attributable interests of the national organization attributed
to it provided that the local chapter is separately incorporated and
has a distinct local presence and mission.
(c) A parent or subsidiary of a LPFM licensee or permittee that is a
non-stock corporation will be treated as having an attributable
interest in such corporation. The officers, directors, and members of a
non-stock corporation's governing body and of any parent or subsidiary
entity will have such positional interests attributed to them.
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