§ 10-71. Transfer of license.

Latest version.

When a licensee shall have made a bona fide sale of the business which he is licensed under this division to conduct, he may obtain a transfer of the license issued under this division to the purchaser of the business, but only if, before the transfer, the application of the purchaser shall be approved by the city clerk in accord with the same procedure provided in this division for issuance of new licenses. Before the issuance of any transfer of a license, the transferee shall pay a transfer fee of $250.00. Licenses issued under this division shall not be transferable in any other way than provided in this section.

(Code 1988, § 2.5-31)

                    
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