A city licensee shall not assign or transfer any city license to any other person or premises unless that person and/or premises complies with all of the provisions of this chapter, the transfer of the license is approved by the City ABC Administrator and the transfer of the state license to which the city license corresponds is approved by the state. A transfer fee of $10 shall be paid to the city for the transfer of the city license.
('88 Code, § 111.25) Penalty, see § 111.99