Sec. 87.19  Basic eligibility.

    (a) General. Foreign governments or their representatives cannot 
hold station licenses.
    (b) Aeronautical enroute and aeronautical fixed stations. The 
following persons cannot hold an aeronautical enroute or an aeronautical 
fixed station license.
    (1) Any alien or the representative of any alien;
    (2) Any corporation organized under the laws of any foreign 
government;
    (3) Any corporation of which more than one-fifth of the capital 
stock is owned of record or voted by aliens or their representatives or 
by a foreign government or its representative, or by a corporation 
organized under the laws of a foreign country; or
    (4) Any corporation directly or indirectly controlled by any other 
corporation of which more than one-fourth of the capital stock is owned 
of record or voted by aliens, their representatives, or by a foreign 
government or its representatives, or by any corporation organized under 
the laws of a foreign country, if the Commission finds that the public 
interest will be served by the refusal or revocation of such license.
[ 53 FR 28940 , Aug. 1, 1988, as amended at  61 FR 55581 , Oct. 28, 1996]