§  95.1919   License transferability.

   (a) A 218-219 MHz Service system license, together with all of its
   component CTS licenses, may be transferred, assigned, sold, or given
   away only in accordance with the provisions and procedures set forth in
   § 1.948 of this chapter. For licenses acquired through competitive
   bidding procedures (including licenses obtained in cases of no mutual
   exclusivity), designated entities must comply with § § 1.2110 and 1.2111
   of this chapter (see § 1.948(a)(3) of this chapter).

   (b) If the transfer, assignment, sale, or gift of a license is
   approved, the new licensee is held to the construction requirements set
   forth in § 95.1933.