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Wednesday, August 23, 2023

I've heard a rumor that if you're compelled into a timeshare arrangement, the license becomes non-renewable. Is this accurate?

Regrettably, that statement is correct. According to §73.872(d)(4) of the rules, if the applicants within the mutually exclusive (MX) group end up in involuntary time sharing without a settlement agreement, the licenses will have non-renewable terms. However, if the group members later come to a settlement, even if the hours of operation remain the same, the licenses will become renewable.

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