§ 10.5-101. Transfers of license.

(a)

Requirements for transfer . A licensee shall not transfer his license to another business entity or person, and thereby surrender ownership, possession, control, and operation of the licensed establishment to such other business entity or person, unless and until such other business entity or person satisfies the following requirements:

(1)

Obtains an amendment to the license from the division of development services which indicates the new licensee, which amendment may be obtained only upon completion and proper filing of an application with the division of development services setting forth the information called for under section 10.5-93, with respect to the new applicant, and that application has been granted by the division of development services pursuant to sections 10.5-97 and 10.5-98; and

(2)

Pays the application fee and a transfer fee of ten (10) per cent of the appropriate annual license fee.

(b)

Effect of suspension or revocation procedures . No license may be transferred pursuant to subsection 10.5-101(a) when the division of development services has notified the licensee that suspension or revocation proceedings have been brought against the licensee or if the licensee has been notified of violations of this division and the violations have not been corrected.

(c)

Transfer to different location prohibited . A licensee shall not transfer his license to another location.

(d)

Attempted improper transfer . Any attempted transfer of a license, either directly or indirectly, in violation of this section is hereby declared void, and the license shall be deemed abandoned and shall automatically terminate. The division of development services shall give notice of the cancellation of the license.

(Ord. No. 92-25, § 12, 9-1-92; Ord. No. 01-05, § I, 2-13-01)