Sec. 95.819  License transferability.

    (a) IVDS system licenses acquired through competitive bidding 
procedures may be transferred, assigned, sold, or given away only in 
accordance with the provisions and procedures set forth in 47 CFR 
1.2111.
    (b) Except for licenses acquired through competitive bidding 
procedures, the licensees may not transfer, assign, sell, or give the 
IVDS system licenses or any component CTS licenses to any other entity 
until the five year construction benchmark (50 percent coverage) has 
been met.
    (c) Once the five year construction benchmark has been met, 
licensees of IVDS systems that were not acquired through competitive 
bidding may transfer, sell, assign, or give the IVDS system licenses 
together with all of its component CTS licenses to any other entity in 
accordance with the provisions of Sec. 95.821. If the licensee sells or 
gives away the apparatus the new owner must obtain a new IVDS system 
license and CTS licenses before placing it in operation.
[ 59 FR 24958 , May 13, 1994]