New Jersey § 23:3-51

§ 23:3-51.

a. Upon application to, and approval by, the department, the holder of a Menhaden

Purse Seine Fishing Vessel License, issued pursuant to R.S.23:3-51 , the holder of a Menhaden Landing License, issued pursuant to section 5 of P.L.2013, c. 74 ( C.23:3-51.3 ), or the holder of a Menhaden Personal Use and Limited Sale License, issued pursuant

to section 12 of P.L.2014, c. 57 ( C.23:3-51.16 ), may transfer their license as follows: (1) To a replacement vessel when the vessel named in the license is replaced by the

licensee; or (2) To a new owner of the vessel named in the license when the vessel is sold or otherwise

transferred to another person. b. The following limitations shall apply to any license transfer undertaken pursuant

to paragraph (1) of subsection a. of this section: (1) a license shall only be transferrable to a replacement vessel that employs the

same type of fishing gear identified in the original license; (2) a license that is applicable to a purse seine catch vessel , including the Menhaden Landing License designated as a purse seine-catch pursuant

to paragraph (1) of subsection f. of section 5 of P.L.2013, c. 74 ( C.23:3-51.3 ), shall only be transferrable to a replacement purse seine catch vessel, and a license

that is applicable to a purse seine carry vessel shall only be transferrable to a

replacement purse seine carry vessel; (3) a license that is applicable to a purse seine catch vessel or a purse seine carry

vessel shall be transferrable to a replacement vessel only if the replacement vessel

is not more than 10 percent larger in overall length , 10 percent larger in the hold capacity as measured in cubic feet, and not more than 20 percent more powerful in terms of

horsepower, than the originally licensed vessel. c. A person who transfers a license pursuant to paragraph (2) of subsection a. of

this section shall no longer be eligible to obtain a Menhaden Landing License or a Menhaden Personal Use and Limited Sale License based upon the landing history of the vessel being sold. d. An applicant for a license transfer shall submit an application to the commissioner,

on a form developed by the commissioner, and no license shall be transferred pursuant

to this section without the prior approval of the commissioner. e. A person shall not be eligible for transfer of their license pursuant to this section

if: (1) their license is pending suspension or has been suspended pursuant to section

15 of P.L.2013, c. 74 ( C.23:3-51.13 ); or (2) the licensee is subject to court action for a violation of R.S.23:3-51 or P.L.2013, c. 74 ( C.23:3-51.2 et al.).