§ 40.38 - Ineligibility of certain applicants.


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  • § 40.38 Ineligibility of certain applicants.

    A license may not be issued to the Corporation if the Commission determines that:

    (a) The Corporation is owned, controlled, or dominated by an alien, a foreign corporation, or a foreign government; or

    (b) The issuance of such a license would be inimical to -

    (1) The common defense and security of the United States; or

    (2) The maintenance of a reliable and economical domestic source of enrichment services.

    [62 FR 6669, Feb. 12, 1997]