A license may be assigned if:
(1) A business licensed under this article and carried on at a fixed place is sold as a unit to any person; and
(2) The purchaser is to carry on the same business at the same place. Such a change shall be reported to the Tax Collector in accordance with Section 2-4029. Otherwise, each license issued under this article is a personal privilege and is not assignable.
(Ord. of 6/25/02)