701.04 LICENSE TERM; NONTRANSFERABILITY; NO FEE PRORATION.
   Unless otherwise provided for by ordinance, all licenses shall be issued on an annual basis and shall expire on December 31 of the year of issue, and may be renewed for a calendar year upon payment of the prescribed fee. No licenses or permits shall be transferable unless otherwise specifically authorized by ordinance. Except as otherwise provided, there shall not be proration of fees for a period less than a calendar year, and all fees collected shall be deposited in the General Fund.