Permits issued under this chapter are neither irrevocable nor
subject to transfer or assignment except upon a proper showing
that property rights might be affected thereby, and then in the
discretion of the commission.
Any person, partnership, or corporation, singly or in
combination with any other person, partnership, or corporation,
whether a household goods carrier holding a permit or otherwise,
or any combination of such, shall not acquire control or enter
into any agreement or arrangement to acquire control of a
household goods carrier holding a permit through ownership of its
stock or through purchase, lease, or contract to manage the
business, or otherwise, except after and with the approval and
authorization of the commission. However, upon the dissolution
of a partnership, which holds a permit, because of the death,
bankruptcy, or withdrawal of a partner where the partner's
interest is transferred to his or her spouse or to one or more
remaining partners, or in the case of a corporation which holds a
permit, in the case of the death of a shareholder where a
shareholder's interest upon death is transferred to his or her
spouse or to one or more of the remaining shareholders, the
commission shall transfer the permit to the newly organized
partnership that is substantially composed of the remaining
partners, or continue the corporation's permit without hearing
and protest. In all other cases, any transaction either directly
or indirectly entered into without approval of the commission is
void, and it is unlawful for any person seeking to acquire or
divest control of the permit to be a party to the transaction
without approval of the commission.
Every carrier who ceases operation and abandons his or her
rights under the permits issued to him or her shall notify the
commission within thirty days of the cessation or abandonment.
[2007 c 234 § 83; 1973 c 115 § 12; 1969 ex.s. c 210 § 12; 1965 ex.s. c 134 § 1; 1963 c 59 § 6; 1961 c 14 § 81.80.270. Prior: 1959 c 248 § 24; 1937 c 166 § 18; 1935 c 184 § 23; RRS § 6382-23.]