§  87.19   Basic eligibility.

   (a) General. Foreign governments or their representatives cannot hold
   station licenses.

   (b) Aeronautical enroute and aeronautical fixed stations. The following
   persons cannot hold an aeronautical enroute or an aeronautical fixed
   station license.

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

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

   (3) 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 its representative, or by a corporation organized
   under the laws of a foreign country; or

   (4) 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 its representatives, 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.

   [ 53 FR 28940 , Aug. 1, 1988, as amended at  61 FR 55581 , Oct. 28, 1996]