50 CFR § 665.262 - Permits.
(c) No more than one permit will be valid for any one vessel at any one time.
(d) No more than one permit will be valid for any one person at any one time.
(e) The holder of a valid permit to fish one permit area may obtain a permit to fish another permit area only upon surrendering to the Regional Administrator any current permit for the precious coral fishery issued under § 665.13.
(f) General requirements governing application information, issuance, fees, expiration, replacement, transfer, alteration, display, sanctions, and appeals for permits for the precious coral fishery are contained in § 665.13.