11 Alaska Admin. Code § 64.430

Current through November 28, 2024
Section 11 AAC 64.430 - Assignment

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.

11 AAC 64.430

Eff. 4/18/64, Register 16; am 3/30/85, Register 93

Authority:AS 38.05.020

AS 38.05.082