I've never done it, but I can't see why you can't change the user account on an iLok. Shure ILM can do this. Won't mean a thing if it has a license on it. You'll have to have the ilok username/password to use it.
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I have been using the same version for about a decade but I may want to grab a new perpetual license before they're gone.
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They're already gone. Well, Avid no longer sells perpetual licenses. Resellers might still have perpetual licenses for sale.
If your old license is PT10 or later, there is a 'upgrade-to-current'-sale right now - expiring within hours, that's $100 off the regular price.