Goto Section: 78.33 | 78.36 | Table of Contents
Revised as of September 1, 2021
Goto Year:2020 |
§ 78.35 Assignment or transfer of control.
(a) No assignment of the license of a cable television relay station or
transfer of control of a CARS licensee shall occur without prior FCC
(b) If an assignment or transfer of control does not involve a
substantial change of interests, the provisions of § § 78.20(c) and
78.22, concerning public notice and objections, shall be waived.
(c) Licensees of CARS stations are not required to submit applications
for assignment or transfer of control or otherwise notify the FCC in
cases where the change in ownership does not affect the identity or
controlling interest of the licensee.
(d) If an assignment or transfer of control involves a substantial
change of interest, and requires prior FCC approval, the CARS licensee
is required to file FCC Form 327 with the Commission.
(e) Licensees are required to notify the Commission of consummation of
an approved transfer or assignment. The assignee or transferee is
responsible for providing this notification, including the date the
transaction was consummated. The transaction must be consummated and
notification provided to the Commission within 60 days of public notice
of approval, and notification of consummation must occur no later than
30 days after actual consummation, unless a request for an extension of
time to consummate is filed.
[ 37 FR 15927 , Aug. 8, 1972, as amended at 50 FR 23421 , June 4, 1985; 68 FR 27004 , May 19, 2003]
Goto Section: 78.33 | 78.36
Goto Year: 2020 |
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