Conn. Agencies Regs. § 16-1-87

Current through June 15, 2024
Section 16-1-87 - Application to transfer certificate. Special components

If the application concerns the transfer of a certificate concerning the public convenience and necessity of any community antenna television system, either before or after the commencement of the construction or operation of such system under authority of section 16-331 of the general statutes, then there shall be annexed to the application to transfer in addition to the requirements of part 1 of this article.

(a) Copy of the authority which applicant seeks to transfer to proposed transferee.
(b) A statement of the financial condition of the proposed transferee.
(c) All contracts and other agreements of conveyance and assignment of every kind whatsoever that the applicant and the transferee will employ to consummate the change of ownership of the system upon approval by the commissioners.
(d) Names and addresses of all persons owning ten (10) percent or more of the outstanding debt or equity of the transferee. If the named transferee is the trustee, agent, or nominee of any person, such statement shall also include the name and address of each person for whom the transferee is acting as such trustee, agent or nominee in the proposed transfer.
(e) Statement listing names and addresses of all management and principal staff personnel of proposed transferee who will construct, operate or manage the system, setting forth their qualifications to construct, operate or manage the system efficiently.
(f) Pro forma financial statement and balance sheet of the transferee following acquisition of the system from the applicant.
(g) Statement of any alterations in equipment or service proposed by transferee after approval by the commissioners.
(h) Fee of fifty ($50) dollars in cash, check or post office money order payable to the treasurer of the state of Connecticut.

Conn. Agencies Regs. § 16-1-87

Effective December 21, 1971