18 C.F.R. § 9.3

Transfer

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

(a) Approval by the Commission of transfer of a license is contingent upon the transfer of title to the properties under license, delivery of all license instruments, and a showing that such transfer is in the public interest. The transferee shall be subject to all the conditions of the license and to all the provisions and conditions of the act, as though such transferee were the original licensee and shall be responsible for the payment of annual charges which accrue prior to the date of transfer.

(b) When the Commission shall have approved the transfer of the license, its order of approval shall be forwarded to the transferee for acknowledgment of acceptance. Unless application for rehearing is filed, or unless the order is stayed by the Commission, the order shall become final thirty (30) days from date of issuance and the acknowledgment of acceptance shall be filed in triplicate with the Commission within sixty (60) days from date of issuance accompanied by a certified copy of the deed of conveyance or other instrument evidencing transfer of the property under license, together with evidence of the recording thereof.

[Order 175, 19 FR 5217, Aug. 18, 1954]
Notes of Decisions
Cited in 2 cases, 1997–2000 · leading case: Town of Norwood v. Fed. Energy Regulatory Comm'n, 202 F.3d 392 (1st Cir. 2000).
Town of Norwood v. Fed. Energy Regulatory Comm'n, 202 F.3d 392 (1st Cir. 2000). “§§ 801 , 824b(a); 18 C.F.R. § 9.3 . 10 Northeast Center intervened in the administrative proceedings and asked the Commission to hold evidentiary hearings on two alleged possible effects of the transfers: harm to the environment and reduced property tax revenues for towns that…”
State of Wisconsin v. Fed. Energy Regulatory Comm'n, Kimberly-Clark Corp. & N.E.W. Hydro, Inc., Intervenors, 104 F.3d 462 (D.C. Cir. 1997). “Because, in the absence of the transfers, FERC would have been under no obligation to assess the availability of adequate financial resources to undertake potential future environmental measures, and because the transfer provisions do *471 not require FERC to reevaluate the…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.