47-U.S.C.-537

47-U.S.C.-537

§537 – Sales of Cable Systems

Pathway

Title 47 > Chapter 5 > Subchapter V-A > Part II > Section 537

Details

  • Reference: Section 537
  • Legend: §537 – Sales of Cable Systems
  • USCode Year: 2013

Provision Content

A franchising authority shall, if the franchise requires franchising authority approval of a sale or transfer, have 120 days to act upon any request for approval of such sale or transfer that contains or is accompanied by such information as is required in accordance with Commission regulations and by the franchising authority. If the franchising authority fails to render a final decision on the request within 120 days, such request shall be deemed granted unless the requesting party and the franchising authority agree to an extension of time.

(June 19, 1934, ch. 652, title VI, §617, as added Pub. L. 102–385, §13, Oct. 5, 1992, 106 Stat. 1489; amended Pub. L. 104–104, title III, §301(i), Feb. 8, 1996, 110 Stat. 117.)

Amendments

1996—Pub. L. 104–104 redesignated subsec. (e) as entire section, substituted A franchising authority for Limitation on Duration of Franchising Authority Power To Disapprove Transfers.—In the case of any sale or transfer of ownership of any cable system after the 36-month period following acquisition of such system, a franchising authority, and struck out subsecs. (a) to (d) which related to three-year holding period requirement, treatment of multiple transfers, exceptions to holding requirement, and waiver authority.

Effective Date

Section effective 60 days after Oct. 5, 1992, see section 28 of Pub. L. 102–385, set out as an Effective Date of 1992 Amendment note under section 325 of this title.

U.S. Encyclopedia of Law Coverage

Part II – Use of Cable Channels and Cable Ownership Restrictions in the Legal Encyclopedia: Wire or Radio Communication

In this entry about Part II – Use of Cable Channels and Cable Ownership Restrictions, find legal reference material, bibliographies and premiere content related to wire or radio communication in the American Encyclopedia of Law, presenting a comprehensive view of the United States wire or radio communication-specific issues, written by authorities in the field.

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