(A) When any bicycle which has been registered and licensed, as herein provided, is lost, sold, destroyed or otherwise disposed of, the owner shall immediately surrender to the Police Department the registration card issued therefor, and in the case of sale or other transfer of ownership such registered owner shall furnish the name and address of the new owner.
(B) Immediately upon the sale or other transfer of ownership of a registered and licensed bicycle, the new owner shall apply to the Police Department for a new registration and license in the name of the new owner. Upon filing such an application and the payment of a fee of an amount set forth by Council from time to time, the new owner shall be issued a registration card.
(C) The number of any license surrendered as provided herein, except where the bicycle has been sold or ownership otherwise voluntarily transferred by the owner, shall not be reissued.
(1991 Code, § 19-35) (Ord. passed 9-4-1986)