§  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 §  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 §  22.223.

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

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