§ 801. — Transfer of license; obligations of transferee.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC801]
TITLE 16--CONSERVATION
CHAPTER 12--FEDERAL REGULATION AND DEVELOPMENT OF POWER
SUBCHAPTER I--REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES
Sec. 801. Transfer of license; obligations of transferee
No voluntary transfer of any license, or of the rights thereunder
granted, shall be made without the written approval of the commission;
and any successor or assign of the rights of such licensee, whether by
voluntary transfer, judicial sale, foreclosure sale, or otherwise, shall
be subject to all the conditions of the license under which such rights
are held by such licensee and also subject to all the provisions and
conditions of this chapter to the same extent as though such successor
or assign were the original licensee under this chapter: Provided, That
a mortgage or trust deed or judicial sales made thereunder or under tax
sales shall not be deemed voluntary transfers within the meaning of this
section.
(June 10, 1920, ch. 285, pt. I, Sec. 8, 41 Stat. 1068; renumbered pt. I,
Aug. 26, 1935, ch. 687, title II, Sec. 212, 49 Stat. 847.)
Transfer of Functions
Federal Power Commission terminated and its functions with regard to
licenses and permits for dams, reservoirs, or other works for
development and improvement of navigation and for development and
utilization of power across, along, from, or in navigable waters under
this subchapter transferred to Federal Energy Regulatory Commission by
sections 7172(a)(1)(A) and 7293 of Title 42, The Public Health and
Welfare.
Executive and administrative functions of Federal Power Commission,
with certain reservations, transferred to Chairman of such Commission,
with authority vested in him to authorize their performance by any
officer, employee, or administrative unit under his jurisdiction, by
Reorg. Plan No. 9 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175,
64 Stat. 1265, set out as a note under section 792 of this title.
