(a) Each license under this Division L shall be issued to the applicant only and shall not be transferable to any other . No licensee shall loan, sell, give or assign a license to another . A license issued under this Division L is for the and premises named on the approved license application, only at the permanent place of business designated on the license. No transfer of a license shall be permitted from place-to-place or from -to- , except in the case in which an existing licensee is merely changing a business or corporate name or changing their corporate structure so long as there is no change in the ownership or control of the business or function. All licenses issued under this Division L must be posted in a conspicuous place on the premises for which it issued.
(b) A licensee under this Division L must immediately notify the of the following:
(1) A change in the corporate or organization officers listed in the license application.
(2) Any changes in the partnership agreement.
(3) A change of the managing partner, store or general manager, proprietor, or other who is in charge of the licensed premises.
(4) Any change in the ownership of an establishment licensed under this Division L, including any acquisition of an interest in the partnership, corporation, or other organization by any not identified in the license application.
(c) When an establishment licensed under this Division L is sold or transferred, the licensee shall immediately notify the of the sale or transfer. Prior to that sale or transfer the prospective new owner must apply for a new license at least 20 days prior to the effective date of the transfer if the establishment that is sold or transferred is to continue in the business of .
(Ord. 2015-27, passed 10-19-2015)