Section 11.64.430. Assignment.

Latest version.

A lessee may assign a lease to another if  
		(1) the lease rental payments are current;  
		(2) the assignee is qualified under 11 AAC 64.230 or 11 AAC 64.240 and holds a valid limited entry permit or interim-use salmon setnet permit for the fishery;  
		(3) the assignee does not currently lease the maximum allowed sites for the fishery;  
		(4) approval of an assignment will not result in the assignee holding leases for more than the maximum allowable number of sites;  
		(5) the lessee and assignee complete the required assignment of lease form; and  
		(6) the director approves the assignment.

Authorities

38.05.020;38.05.082

Notes

Authority
 AS 38.05.020  
AS 38.05.082  
History Eff. 4/18/64, Register 16; am 3/30/85, Register 93

                    
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