1. (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. (2) A Yaquina Bay Roe-Herring Permit is transferable to:

   1. (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;
   2. (b) The purchaser of the vessel when the vessel is sold.

Statutory/Other Authority

ORS 506.036, 506.109, 506.119 & 506.129

Statutes/Other Implemented

ORS 506.109, 506.129 & 508.765

History

DFW 75-2012, f. 6-28-12, cert. ef. 7-1-12