Sec.  87.27   License term.

   (a) Licenses for stations in the aviation services will normally be issued
   for a term of ten years from the date of original issuance, or renewal.

   (b) Licenses for developmental stations will be issued for a period not to
   exceed  one  year  and are subject to change or to cancellation by the
   Commission at any time, upon reasonable notice but without a hearing.

   [ 53 FR 28940 , Aug. 1, 1988, as amended at  58 FR 68062 , Dec. 23, 1993;  62 FR 40308 , July 28, 1997;  63 FR 68957 , Dec. 14, 1998;  69 FR 32879 , June 14,
   2004]