You can change the current LNKLST set dynamically through the SET PROG=xx and SETPROG LNKLST commands.
A LNKLST set remains allocated until there are no longer any jobs or address spaces associated with it. If the current LNKLST set is dynamically changed, any job or address space associated with the previous LNKLST set continues to use the data sets until the job or address space finishes processing. Thus, a previously current LNKLST set might be active or in use by a job or address space even though a new current LNKLST set has been activated. Jobs or address spaces that are started after the new current LNKLST set is activated use the new current LNKLST set.
An active LNKLST set cannot be modified. Once the last job or address space associated with a LNKLST set terminates, the LNKLST set is no longer active. The only other way to deactivate a LNKLST set is with LNKLST UPDATE. See Removing or compressing a data set in an active LNKLST set for more information about LNKLST UPDATE.
Through SET PROG=xx and SETPROG LNKLST, you can also remove the definition of a LNKLST set from the system, associate a job or address space with the current LNKLST set, or locate a specific module associated with a data set in the LNKLST set. See z/OS MVS System Commands.