(1) Except as provided in (3) , ownership of livestock bearing a brand recorded in "x and y" may be transferred only if the transfer bears the signatures of all recorded owners or their assigns.

(2) Except as provided in (3) , ownership of livestock bearing a brand recorded in "x or y" may be transferred if the transfer bears the signature of one recorded owner or his assigns.

(3) Recorded owner(s) of a brand may designate on the records of the department any person(s) who may transfer livestock bearing the brand of the recorded owner(s) . Such designations are valid only if signed by all recorded owners of the brand at the time of the designation.