LD 1920
pg. 144
Page 143 of 231 PUBLIC Law Chapter 655 Page 145 of 231
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LR 2679
Item 1

 
6.__Sale of business; license.__The following provisions govern
the sale of an outfitter's business and treatment of the
outfitter's license.

 
A.__When a licensed outfitter's business is sold, the
outfitter shall return the outfitter's commercial whitewater
outfitter's license to the department.

 
(1)__A person who violates this paragraph commits a
civil violation for which a fine of not less than $100
nor more than $500 may be adjudged.

 
(2)__A person who violates this paragraph after having
been adjudicated as having committed 3 or more civil
violations under this Part within the previous 5-year
period commits a Class E crime.

 
B.__On application, the license must be reissued to the
purchaser, as long as the purchaser meets the licensing
requirements of the department and pays the license fee.

 
C.__A person may not profit on the return and reissuance of
the license itself, but nothing in this chapter may be
construed to prohibit profit on the sale of any of the
assets of a business.

 
(1)__A person who violates this paragraph commits a
civil violation for which a fine of not less than $100
nor more than $500 may be adjudged.

 
(2)__A person who violates this paragraph after having
been adjudicated as having committed 3 or more civil
violations under this Part within the previous 5-year
period commits a Class E crime.

 
D.__The license is not an asset and is not transferable as
part of a sale or transaction.

 
E. The department may require an affidavit from the
purchaser to aid in enforcement of this subsection.

 
7.__Sale of business; allocations.__The following provisions
govern the sale of an outfitter's business and the treatment of
allocations.

 
A.__When a licensed outfitter's business is sold, the
selling outfitter shall return to the department the selling
outfitter's allocations or portions of the allocations
subject to the sale.


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