(A) When the ownership of any taxicab shall change, whether by operation of law or otherwise, the taxicab license pertaining to the taxicab shall be automatically revoked. Any transfer of, or attempt to transfer, a taxicab license to any other person shall automatically revoke the license. (‘83 Code, § 114.05)
(B) The owner of any licensed taxicab who desires to transfer the license to another vehicle owned by him shall make application to the City Clerk on forms provided therefor, and shall state under oath or affirmation any facts as may be required for, or applicable to, the transfer. Upon approval of the Chief of Police, the transfer shall be granted. (‘83 Code, § 114.06)
Penalty, see § 10.99