Sec.  90.1023   Records maintenance and definitions.

   (a) Records maintenance. All winning bidders qualifying as small or very
   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 eligibility as a small business or very
   small  business,  as  defined  in  Sec. 90.1021, and/or consortium of small
   businesses (or consortium of very small businesses). 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)  Definitions. The terms small and very small business used in this
   section are defined in  Sec. 90.1021.

   [ 68 FR 43001 , July 21, 2003]