| 7.__Sale of business; allocations.__When a licensed |
outfitter's business is sold, the selling outfitter's allocations |
or portions of the allocations subject to the sale must be |
returned to the department.__An outfitter who purchases the |
business of another outfitter whose commercial whitewater |
outfitter's license has been returned to the department as |
provided in subsection 6 has 60 days from the date of sale to |
submit an affidavit applying for the selling outfitter's |
allocation, ensuring that the level and quality of services of |
the selling outfitter will be maintained.__On application to the |
department, allocations may be reissued to the purchaser, as long |
as the purchaser meets the licensing and allocation requirements |
of the department and pays the license and allocation fees.__ The |
allocations are not assets of a business.__ Allocations or |
portions of the allocations may be transferred, pursuant to this |
chapter, from a selling outfitter to one or more purchasers only |
if the selling outfitter's allocations or portions of the |
allocations subject to the sale are returned to the department.__ |
An outfitter may not receive more than the maximum allocations |
allowed under section 12913, subsection 3.__When allocations are |
forfeited or when new allocations become available as a result of |
increases in the commercial use limits on an allocated river, the |
department shall sell those allocations at public auction to |
qualified recipients.__Net proceeds from the sale of allocations |