905 IAC 1-30-4 Unused permit not transferable; exception

Sec. 4. If the deposited permit has never been used by the permittee and is subject to the quota provisions of IC 7.1-3-22, the commission shall accept no application for a transfer of ownership except upon a showing of exceptional and unusual circumstances and a showing that the permittee had no intent to speculate in the sale of said permit.