A.__The holder of a live bait retailer's license may:

(1)__Sell live baitfish or smelts acquired from a person licensed under this section to deal in live baitfish or smelts;

(2)__Designate others to assist in selling live smelts and baitfish at the license holder's business facility;

(3)__Transport live smelts and baitfish or designate another to transport live smelts and baitfish on the license holder's behalf; and

(4)__Possess more than the daily bag limit of smelts, provided that the smelts were acquired from a person licensed under this section to deal in live smelts.

B.__The holder of a live bait retailer's license:

(1)__May not take or possess for the purposes of retail sale live baitfish or smelts from the inland waters of the State or private ponds;

(2)__Shall present a receipted invoice, bill of lading, bill of sale or other satisfactory evidence of the lawful possession of live baitfish or smelts for retail sale to any agent of the commissioner upon request; or

(3)__May not possess at that person's place of business any species of fish that may not legally be sold as bait.

Each day a person violates this paragraph that person commits a class E crime.

6.__Baitfish wholesaler's license authorizations and restrictions.__The provisions of this subsection apply to the taking and selling of baitfish under the baitfish wholesaler's license.

A.__The holder of a baitfish wholesaler's license may:

(1)__Take for the purpose of sale live baitfish from the inland waters of the State or from private ponds;