Or. Admin. Code § 635-004-0495 - Transferability of Permits
(1) Any
transfer of a Yaquina Bay Roe-Herring Permit without the written consent of
each person holding a security interest in such permit is void.
(2) A Yaquina Bay Roe-Herring Permit is
transferable to:
(a) A replacement vessel of
the permit holder; or, upon request of a permit holder, the Department may
authorize transfer of a permit to a replacement vessel owned by an individual
other than the permit holder. "Replacement vessel" means a vessel purchased to
replace a permitted vessel which had been lost due to fire, capsizing, sinking
or other event;
(b) The purchaser
of the vessel when the vessel is sold.
Notes
Stat. Auth.: ORS 506.036, 506.109, 506.119 & 506.129
Stats. Implemented: ORS 506.109, 506.129 & 508.765
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