New York Laws
Title 17 - Water Power
15-1737 - Transfer of License Restricted.


No voluntary sale, assignment, or transfer of any license or of the
rights thereby granted shall be made without the written approval of the
department; nor become effective until the instrument of transfer be
filed and recorded in the office of the clerk of each county in which
property covered by the license is located. Notice thereof must be given
to the department before possession is given under such transfer, and if
there be a transfer by operation of law, the transferee must give notice
thereof to the department before taking possession.