Re: Change of ownership

[Aaron Read <aread@speakeasy.net>]

At 01:07 AM 2/20/2003 -0500, A. Joseph Ross wrote:
>Something just occurred to me.  If I own a radio station, do I need FCC 
>permission to die,
>whereupon ownership and control of the station would pass to my estate?

Not quite...the license remains yours even after death (no FCC permission 
needed! :-)  it does not pass on to your estate...by which I mean your 
executor cannot do anything with it.   Until, of course, they file for 
involuntary transfer of assignment.   Then the executor (be it a person or 
corporation) will hold the license and can do with it as they please 
(within the usual restrictions, of course), including transferring it again 
to somebody else.



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Aaron "Bishop" Read             aread@speakeasy.net
FriedBagels Consulting          AOL-IM: readaaron
http://www.friedbagels.com      Boston, MA