§  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 § 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 § 90.1021.

   [ 68 FR 43001 , July 21, 2003]