Federal · Title 47 — Telecommunications
47 U.S.C. § 547: Conditions of sale
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at fair market value, determined on the basis of the cable system valued as a going concern but with no value allocated to the franchise itself, or in the case of any franchise existing on the effective date of this subchapter, at a price determined in accordance with the franchise if such franchise contains provisions applicable to such an acquisition or transfer. at an equitable price, or in the case of any franchise existing on the effective date of this subchapter, at a price determined in accordance with the franchise if such franchise contains provisions applicable to such an acquisition or transfer.
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