§ 120.017 ASSIGNABILITY AND TRANSFERABILITY.
   In the event of any change of ownership of any oil or gas well after a permit has been granted to cover the drilling thereof, or to cover the operation and maintenance of an existing well, the permit and all rights and obligations pertaining thereto may be assigned and transferred to such new owner as provided in § 120.033.
('81 Code, § 5.40.040(E))