47 U.S.C. · Telecommunications
47 U.S.C. § 537

Sales of cable systems

Ch. 5 — WIRE OR RADIO COMMUNICATION
Title 47 U.S.C. ● ACTIVE Primary Source Ch. 5
Statutory Text

47 U.S.C. § 537 — Sales of cable systems

U.S.C. Title 47 - TELECOMMUNICATIONS 47 U.S.C. United States Code, 2023 Edition Title 47 - TELECOMMUNICATIONS CHAPTER 5 - WIRE OR RADIO COMMUNICATION SUBCHAPTER V-A - CABLE COMMUNICATIONS Part II - Use of Cable Channels and Cable Ownership Restrictions Sec. 537 - Sales of cable systems From the U.S. Government Publishing Office, www.gpo.gov

§537. Sales of cable systems

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.)

Editorial Notes

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.

Statutory Notes and Related Subsidiaries

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.

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