§ 801. Transfer of license; obligations of transferee

146 words·~1 min read·/usc/title-16/section-801

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No voluntary transfer of any license, or of the rights thereunder granted, shall be made without the written approval of the commission; and any successor or assign of the rights of such licensee, whether by voluntary transfer, judicial sale, foreclosure sale, or otherwise, shall be subject to all the conditions of the license under which such rights are held by such licensee and also subject to all the provisions and conditions of this chapter to the same extent as though such successor or assign were the original licensee under this chapter:

Provided, That a mortgage or trust deed or judicial sales made thereunder or under tax sales shall not be deemed voluntary transfers within the meaning of this section.

(June 10, 1920, ch. 285, pt. I, § 8, 41 Stat. 1068; renumbered pt. I, Aug. 26, 1935, ch. 687, title II, § 212, 49 Stat. 847.)

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Public Law 108–137
Making appropriations for energy and water development for the fiscal year ending September 30, 2004, and for other purposes

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Sec. 8
That no voluntary transfer of any license, or of the rights thereunder granted, shall be made without the written approval of the commission; and any successor or assign of the rights of such licensee, whether by voluntary transfer, judicial sale, foreclosure sale, or otherwise, shall be subject to all the conditions of the license under which such rights are held by such licensee and also subject to all the provisions and conditions of this Act to the same extent as though such successor as assign were the original licensee hereunder: *Provided, *That a mortgage or trust deed or judicial sales made thereunder or under tax sales shall not be deemed voluntary transfers within the meaning of this section.

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June 10, 1920, ch. 285
41 Stat. 1068
Aug. 26, 1935, ch. 687
49 Stat. 847

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§ 801

Transfer of license; obligations of transferee

Fed. Reg.×19

Bills×10

Stat. Comp.×1

Stat.×1

ActJune 10, 1920, ch. 285

Stat.41 Stat. 1068

ActAug. 26, 1935, ch. 687

Stat.49 Stat. 847

Cites 4Cited by 31 across 4 sources