The assignment, transfer, continuance, pledge or hypothecation of city licenses shall be governed by the provisions of KRS 243.630, 243.640, 243.650 and 243.660. An approval by the state, under those statutes, shall be deemed an approval by the city. Non-approval by the state shall be deemed non-approval by the city. No city license may be sold or otherwise transferred (including transfer to any premises) unless the proposed transfer shall have first received the approval of the State Board, and thereafter the acknowledgment of the CABC is given. A transfer fee of $25 shall be paid to the city. When a license has been lost or destroyed, the CABC may issue a duplicate or replacement license upon payment of a fee of $25.
(Ord. 2011-1, passed 4-28-2011) Penalty, see § 113.999