10 CFR 70.40 – Ineligibility of certain applicants
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A license may not be issued to the Corporation if the Commission determines that:
Terms Used In 10 CFR 70.40
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(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.