; or (B) an individual who has been subjected to racial or ethnic prejudice or cultural bias because of the identity of the individual as a member of a group, without regard to the individual qualities of the individual. (b) Issuance of certificate by Commission Subject to the rules adopted by the Commission under subsection (d), upon application by a person that engages in a sale described in subsection (c), the Commission shall issue to that person a certificate stating that the sale meets the requirements of this section. (c) Sales described A sale described in this subsection is either of the following: (1) Sale resulting in or preserving ownership and control by socially disadvantaged individuals A sale of an interest in a broadcast station if, immediately after the sale, the station is owned by socially disadvantaged individuals, without regard to whether, before the sale, the station was owned by socially disadvantaged individuals. (2) Sale by investor in station owned by socially disadvantaged individuals In the case of a person that has contributed capital in exchange for an interest in a broadcast station that is owned by socially disadvantaged individuals, a sale by that person of some or all of that interest. (d) Rules The Commission shall adopt rules for the issuance of a certificate under subsection (b) that provide for the following: (1) Limit on value of sale A limit on the value of an interest the sale of which qualifies for the issuance of such a certificate, which shall be not greater than $50,000,000. (2) Minimum holding period In the case of a sale described in subsection (c)(1), a minimum period after the sale during which the broadcast station shall remain owned by socially disadvantaged individuals, which shall be not shorter than 2 years and not longer than 3 years. (3) Cumulative limit on number or value of sales A limit on the total number of sales per year or the total value of sales per year, or both, for which a person may be issued certificates under subsection (b). (4)