Sec. 62.1  Scope and method of securing authorization.

    No person may hold the position of officer or director in more than 
one carrier subject to the Communications Act of 1934, as amended, 
unless duly authorized to do so pursuant to the regulations set forth in 
this part:
    (a) Application must be made to hold interlocking positions with 
more than one carrier subject to the Act where any carrier sought to be 
interlocked has been found by the Commission to have market power and is 
therefore defined as a dominant carrier under 47 CFR part 61, or where 
any carrier has not yet been found to be non-dominant,

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except for cellular licensees in different geographic markets.
    (b) Persons seeking positions as officers or directors of (1) 
cellular radio licensees in different geographic markets; (2) carriers 
which have been found to be non-dominant; and (3) holding or parent 
companies of carriers, are authorized to serve in those capacities 
without making application to this Commission.

[ 51 FR 6116 , Feb. 20, 1986]