(A) The procedure for a transfer of license is the same as for application for a new license. The fee for a transfer is $150. An affidavit of bulk sale and the existing license card must be submitted with the application for transfer.
(B) The application to transfer the license shall only be permitted if all municipal and state sales and use taxes incurred by the licensee as a result of the operation have been paid, and all property taxes, which are the liability of the licensee are paid or are not delinquent.