§29.170. What are my responsibilities if I transfer my right to operate?
50 C.F.R. § 29.170
If your operations are being conducted under § 29.44, you must notify the Service in writing within 30 calendar days from the date the new operator acquires the rights to conduct operations. Your written notification must include:
The names and addresses of the person or entity conveying the right and of the person or entity acquiring the right;
The effective date of transfer;
The description of the rights, assets, and liabilities being transferred and which ones, if any, are being reserved by the previous operator; and
A written acknowledgement from the new operator that the contents of the notification are true and correct.
If your operations are being conducted under § 29.43 or an operations permit:
You must provide notice under paragraph (a) of this section.
You remain responsible for compliance with your operations permit, and we will retain your financial assurance until the new operator:
Adopts and agrees in writing to conduct operations in accordance with all terms and conditions of your operations permit;
Provides financial assurance with us that is acceptable to the Service and made payable to the Service; and
Receives written notification from the Service that transfer of the operations permit has been approved.
Notes, amendments, and revision history
Source
Source: 81 FR 79971, Nov. 14, 2016, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301; 16 U.S.C. 460k, 664, 668dd, 685, 690d, 715i, 725, 3161; 30 U.S.C. 185; 31 U.S.C. 3711, 9701; 40 U.S.C. 319; 43 U.S.C. 315a; 113 Stat. 1501A-140.
Source
Source: 31 FR 16026, Dec. 15, 1966, unless otherwise noted.