§ 51.85. What assignments require the approval of the Director?
84 words·~1 min read·
/us/cfr/t36/s§ 51.85·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The concessioner may not assign, sell, convey, grant, contract for, or otherwise transfer (such transactions collectively referred to as "assignments" for purposes of this part), without the prior written approval of the Director, any of the following:
(a)Any concession contract;
(b)Any rights to operate under or manage the performance of a concession contract as a subconcessioner or otherwise;
(c)Any controlling interest in a concessioner or concession contract; or
(d)Any leasehold surrender interest or possessory interest obtained under a concession contract.