1. (a) The board shall issue an initial hunting preserve license to a person who:

   1. (1) meets all other requirements of this chapter; and
   2. (2) pays a fee of three hundred dollars ($300).

2. (b) A hunting preserve license issued under this section may be transferred or assigned. If a person acquires a hunting preserve through a sale, a lease, or a change in ownership of the hunting preserve, the person must:

   1. (1) obtain a hunting preserve license from the board; and

   2. (2) meet the requirements set forth in this chapter;

      before allowing hunting on the hunting preserve.

3. (c) A hunting preserve must pass an annual inspection by the board.

4. (d) A person who:

   1. (1) meets the requirements set forth in this chapter; and

   2. (2) pays an annual fee of three hundred dollars ($300);

      is entitled to renew a license.

5. (e) The board shall deposit all fees collected under this section in the captive cervidae programs fund established by section 16 of this chapter.

As added by P.L.89-2016, SEC.18.