---
kind: "section"
citation: "47 C.F.R. § 32.102"
title: "47"
number: "32.102"
heading: "Nonregulated investments."
url: "https://uscodex.org/cfr/47/32.102"
---

# §32.102. Nonregulated investments.


Nonregulated investments shall include the investment in nonregulated activities that are conducted through the same legal entity as the telephone company operations, but do not involve the joint or common use of assets or resources in the provision of both regulated and nonregulated products and services. See §§ [32.14](/cfr/47/32.14.md) and [32.23](/cfr/47/32.23.md).


## Notes

### Amendments

[52 FR 6561, Mar. 4, 1987]

### Authority

Authority: 47 U.S.C. 219, 220 as amended, unless otherwise noted.

### Source

Source: 51 FR 43499, Dec. 2, 1986, unless otherwise noted.

### Amendments

[52 FR 6561, Mar. 4, 1987]