| | | A secured party has control of a letter-of-credit right to | | the extent of any right to payment or performance by the | | issuer or any nominated person if the issuer or nominated | | person has consented to an assignment of proceeds of the | letter of credit under section 5-1114, subsection (c) (3) or | | other applicable law or practice. |
|
| | | Sec. 15. 12 MRSA §6404-B, as amended by PL 2001, c. 327, §2, is | | further amended to read: |
|
| | | §6404-B. Suspension based on conviction of fishing on closed | | days |
|
| | | The commissioner shall suspend the sea urchin fishing | | license of any license holder convicted in court of violating | section 6749-W or any rule adopted under section 6749. The | | suspension must be for one year from the date of conviction. |
|
| | | Sec. 16. 12 MRSA §6431-F, sub-§2, ¶B, as amended by PL 1999, c. 790, | | Pt. A, §12, is further amended to read: |
|
| | | B. If the license holder was issued a Class I, Class II | | or Class III lobster and crab fishing license pursuant to | | former section 6421, subsection 5, paragraph H or former | | section 6421-A, subsection 1, paragraph D, the license | | holder may not purchase more than 300 trap tags for the | | initial license year. For each following year, the license | | holder may purchase up to an increase of 100 trap tags | | each year as long as the total number does not exceed the | | trap limit established by rule for the zone in which the | | person fishes a majority of that person's traps; and |
|
| | | Sec. 17. 12 MRSA §6448, sub-§2, ¶¶A and C, as amended by PL 1999, c. | | 693, §1, are further amended to read: |
|
| | | A. After conducting a written survey in the zone, a | | lobster management policy council may propose to the | | commissioner an exit ratio to limit new zone entrants to | | the zone. The lobster management policy council may also | | propose to the commissioner a provision to exempt from the | | requirements of this section an individual who became | | eligible for but had not been issued a Class I, Class II | | or Class III license pursuant to section 6421, subsection | | 5, paragraph C or former paragraph H prior to January 1, | | 2000 and to allow that individual to declare the zone as | | that individual's declared lobster zone. The lobster | | management policy council is not required to submit the | | proposal to referendum and the proposed exit ratio does | | not need to receive approval through the survey in order | | to be forwarded to the commissioner. |
|
|