Permits issued hereunder shall remain in full force an effect until they are canceled and revoked or suspended by the ABCB, and no permit shall be transferable. Should the holder of a permit, whether it be a business, go out of business or move its place of business from one point in Cookeville, Tennessee, to another point within said city, immediately upon the cessation of business at the original place, the permit theretofore granted shall be rescinded and be of no further force or effect, and is immediately null and void
(as added by Ord. #011-01-01, Feb. 2011)