(1)__Take live smelts for resale from any inland water or private pond.__The taking of live smelts from inland waters must be in accordance with general rules adopted by the commissioner in regard to the taking of smelts.__ Except as provided in paragraph B, the holder of a smelt wholesaler's license shall comply with the same daily bag limit and the same tackle restrictions that apply to all other anglers and is subject to the same penalties for violations of those limits and restrictions;

(2)__Use a baitfish trap, a dip net, a drop net, a lift net, a bag net or hook and line to take up to 8 quarts of smelts in a 24-hour period, beginning at noon on a given day, from specific inland waters designated by the commissioner;

(3)__May use particles of food for the purpose of luring smelts to a baitfish trap, a dip net, a drop net, a lift net or a bag net;

(4)__Transport or possess at the holder's business facility more than the daily bag limit of smelts provided that the smelts were taken by the license holder in accordance with this section or acquired from a person licensed under this section to deal in live smelts;

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

(6)__Transport or designate others to transport on the license holder's behalf live smelts in accordance with this subsection.

B.__The holder of a smelt wholesale dealer's license may not:

(1)__When engaged in taking, or assisting in taking, live smelts for resale from inland waters, fail to exhibit the license to any agent of the commissioner upon request;

(2)__Take multiple bag limits from waters governed by general rules regulating the taking of smelts in order to attain the 8-quart limit of smelts described in paragraph A, subparagraph 2;

(3)__Use a seine to take smelts;