 Through Meridian, KMTF's ownership included the daughter of IWCC's owner and founder.The arrangement was set up in such a way so as to circumvent FCC rules regarding ownership of competing stations by the same entity.However, as the original time brokerage agreement was made after November 5, 1996, it was not grandfathered after the FCC began to consider such agreements in excess of 15% to be attributable, and was thus required to be unwound by August 6, 2001; on October 9, 2014, IWCC agreed to contribute $40,000 to the United States Treasury to settle the FCC's investigation into the time brokerage agreement.