OAR 141-140-0110
Assignment
(1)
A temporary use authorization is not assignable.(2)
An ocean renewable energy facility lease in good standing is assignable with prior written consent of the Department.(a)
To assign an ocean renewable energy facility lease, the lessee shall submit to the Department a:(A)
Notice of proposed assignment on a form provided by the Department at least 90 calendar days (unless otherwise approved by the Director in writing) prior to the date that the assignment is to occur; and(B)
Non-refundable assignment processing fee of $1,000 payable to the Department.(b)
The holder must provide any additional information that is requested by the Department concerning the proposed assignment.(c)
The Department may request comment from the local, state, or federal agencies, the JART, or other affected persons.(d)
The Department may condition the assignment on the assignor retaining responsibility for some or all of the terms and conditions in the lease or guaranteeing the performance of the assignee.(e)
An assignment does not take effect until the Department authorizes it in writing.
Source:
Rule 141-140-0110 — Assignment, https://secure.sos.state.or.us/oard/view.action?ruleNumber=141-140-0110.