§ 5-15. Transfer of license.

No license issued under this chapter may be transferred without the approval of the council. Any transfer of stock of a corporate licensee is deemed to be a transfer of the license, and a transfer of stock without prior council approval is a ground for revocation of the license. An application to transfer a license shall be treated the same as an application for a new license, and all of the provisions of this code applying to applications for a license shall apply.

(Ord. No. 20, 5th series, eff. 7-1-17)