FEDERAL · 47 U.S.C. · Chapter 5

Conditions of sale

Current through Pub. L. 119-102
Title 47Telecommunications·Ch. 5 — WIRE OR RADIO COMMUNICATION·Subch. V·Pt. III
(a)If a renewal of a franchise held by a cable operator is denied and the franchising authority acquires ownership of the cable system or effects a transfer of ownership of the system to another person, any such acquisition or transfer shall be—
(1)at fair market value, determined on the basis of the cable system valued as a going concern but with no value allocated to the franchise itself, or
(2)in the case of any franchise existing on the effective date of this subchapter, at a price determined in accordance with the franchise if such franchise contains provisions applicable to such an acquisition or transfer.
(b)If a franchise held by a cable operator is revoked for cause and the franchising authority acquires ownership of the cable system or effects a transfer of ownership of the s

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47 U.S.C. § 547 (Conditions of sale) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Time Warner Entertainment Co. v. Federal Communications Commission
240 F.3d 1126 (D.C. Circuit, 2001)
43 case citations
City of Chicago v. Comcast Cable Holdings, L.L.C.
900 N.E.2d 256 (Illinois Supreme Court, 2008)
15 case citations
Eastern Telecom Corp. v. Borough of East Conemaugh
872 F.2d 30 (Third Circuit, 1989)
4 case citations
DIRECTV, Inc. v. Roberts
477 S.W.3d 293 (Court of Appeals of Tennessee, 2015)
3 case citations
In re the Department of Defense Cable Television Franchise Agreements
41 Cont. Cas. Fed. 77,012 (Federal Claims, 1996)

Source Credit

History

(June 19, 1934, ch. 652, title VI, §627, as added Pub. L. 98–549, §2, Oct. 30, 1984, 98 Stat. 2793.)

Editorial Notes

Editorial Notes

References in Text
For "the effective date of this subchapter", referred to in subsecs. (a)(2) and (b)(2), as 60 days after Oct. 30, 1984, except where otherwise expressly provided, see section 9(a) of Pub. L. 98–549, set out as an Effective Date note under section 521 of this title.

Statutory Notes and Related Subsidiaries

Effective Date
Section effective 60 days after Oct. 30, 1984, except where otherwise expressly provided, see section 9(a) of Pub. L. 98–549, set out as a note under section 521 of this title.