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