Sec.  22.225   Certifications, disclosures, records maintenance, and definitions.

   (a) Records maintenance. All winning bidders qualifying as small businesses
   shall maintain at their principal place of business an updated file of
   ownership, revenue, and asset information, including any documents necessary
   to  establish  small  businesses  under   Sec. 22.223. Licensees (and their
   successors-in-interest)  shall maintain such files for the term of the
   license. Applicants that do not obtain the license(s) for which they applied
   shall maintain such files until the grant of such license(s) is final, or
   one year from the date of the filing of their short-form application (FCC
   Form 175), whichever is earlier.

   (b) Definition. The term small business used in this section is defined in
    Sec. 22.223.

   [ 67 FR 45367 , July 9, 2002, as amended at  68 FR 42998 , July 21, 2003]