No license shall be transferable. Any license issued under the terms hereof shall license only the applicant or, if a corporation, only the applying corporation. If there shall be any change from those named in the application, the license shall immediately become null and void. Any license granted shall not be subject to attachment, garnishment or execution, nor shall it be alienable or transferable, voluntarily or involuntarily or subject to being encumbered or the subject matter of any lien. The license shall not descend by will or the laws of intestate succession, but shall terminate upon the death of any licensee. The trustees of any insolvent or bankrupt licensee, when the estate consists in part of alcoholic beverage, may continue the business of the sale or manufacture of alcoholic liquor under order of the appropriate court, and may exercise the privileges of deceased or insolvent or bankrupt license after the death of the decedent, or the solvency or bankruptcy until the expiration of the license, but not longer than six months after the death, bankruptcy or insolvency of the licensee. A refund shall be made of that portion of the license fees paid for any period in which the licensee shall be prevented from operating under the license in accordance with the provisions of this section.
(Prior Code, § 110.24) (Ord. passed 9-14-1989)