REC Advisory Letter #5: Changes to the Assignment and Transfer of LPFM stations
Revision 5 - November 6, 2022
In the context of smaller noncommercial educational (NCE) broadcast stations, including Low Power FM (LPFM), an “assignment” is a transaction where the license is changed (assigned) to another nonprofit entity. A “transfer” is a transaction where the license remains where the license remains with the same entity, but there is a significant change in the persons that control the licensee organization.