A. Application, Approval Required: A license may be transferred, but the transferee, including any executor, administrator or trustee in bankruptcy of the estate of the retailer, shall not be authorized to retail alcoholic beverages thereunder until the transferee shall have filed under oath an application therefor containing the same information required in an application for a license, and if the transferee possesses the qualifications and none of the disqualifications of a retailer as provided in this title, the Council shall approve such transfer and the Clerk shall amend the license to reflect the transfer.
B. License Transfer Fee: Each such beer or wine license shall be accompanied with a transfer fee of ten percent (10%) of the annual license fee.
C. Location Transfer; Fee: Application to transfer a beer or wine license from one authorized location to another shall be made to the Council on forms prescribed and furnished by the Clerk. Each application for transfer of location shall be accompanied by a transfer fee of ten percent (10%) of the annual license fee. (1952 Code § 5-05-10)