The State Fish and Wildlife Commission is authorized to issue, upon application, youth licenses for resident and nonresident persons at least 12 years of age and under 18 years of age and shall charge the applicable fee under the fee schedule in ORS 497.061. The youth license shall be equivalent to, and authorize the purchaser to engage in the activities authorized by, the following adult licenses:
(1) Resident annual hunting license;
(2) Resident annual angling license; and
(3) Resident annual shellfish license.