Sec.  20.5   Citizenship.

   (a) This rule implements section 310 of the Communications Act, 47 U.S.C.
   310, regarding the citizenship of licensees in the commercial mobile radio
   services. Commercial mobile radio service authorizations may not be granted
   to or held by:

   (1) Any foreign government or any representative thereof;

   (2) Any alien or the representative of any alien;

   (3) Any corporation organized under the laws of any foreign government;

   (4) 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 representative thereof or by any corporation organized under
   the laws of a foreign country; or

   (5)  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 representative thereof, 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.

   (b) The limits listed in paragraph (a) of this section may be exceeded by
   eligible individuals who held ownership interests on May 24, 1993, pursuant
   to  the  waiver  provisions  established  in  section 332(c)(6) of the
   Communications Act. Transfers of ownership to any other person in violation
   of paragraph (a) of this section are prohibited.

   [ 59 FR 18495 , Apr. 19, 1994, as amended at  61 FR 55580 , Oct. 28, 1996]