3. Fishing in limited-entry zones. A person who holds a Class I, Class II or Class III lobster and crab fishing license may not fish a majority of that person's lobster traps in a limited-entry zone unless that person's license identifies that zone as the declared lobster zone.

4. Limited-entry zone as declared lobster zone. A person may not be issued a Class I, Class II or Class III lobster and crab fishing license that identifies a limited-entry zone as the declared lobster zone unless that person:

A. Held in the previous licensing year a Class I, Class II or Class III lobster and crab fishing license that identified that zone as the person's declared lobster zone; or

B. Is authorized as a new zone entrant by the commissioner pursuant to subsection 7 to declare that zone as the person's declared lobster zone.

5. Application for limited-entry zone.__A person who wishes to declare a limited-entry zone as that person's declared lobster zone shall indicate on that person's application for a Class I, Class II or Class III lobster and crab fishing license between October 15th and December 15th of the previous licensing year a request to declare that zone as the person's declared lobster zone.__The commissioner shall stamp each lobster and crab fishing license application that contains such a request with the time and date of submission.

6.__Public waiting list.__The commissioner shall maintain and make available a waiting list in chronological order of people who have requested to declare a limited-entry zone as their declared lobster zone.

7.__Authorization of new zone entrants.__The commissioner shall determine by February 1st of each licensing year the number of new zone entrants that may be authorized for each limited- entry zone.__The number of new zone entrants authorized in a licensing year must be in accordance with the exit ratio established under subsection 2 for that zone.__The commissioner shall authorize new zone entrants in chronological order of requests received under subsection 5.__The commissioner shall notify the authorized new zone entrants by certified mail.__If a person does not declare a zone after being authorized to do so,