(A) Renewal of license. Any licensee may renew his or her license at the expiration thereof provided he or she is then qualified to receive a license and the premises for which such renewal license is sought complies with this chapter, and provided, further, the renewal privilege herein provided for shall not be construed as a vested right. Applications for the renewal of licenses shall be made by the Local Liquor Commissioner on or before May 1 of each year.
(Prior Code, Chapter 12, § 10)
(B) Non-transferability of license. A license issued under this chapter shall be purely a personal privilege, good for not to exceed one year after issuance unless sooner revoked by law, and shall not constitute property nor shall it be alienable or transferable voluntarily or involuntarily or subject to being encumbered or hypothecated. Such license shall not descend by the laws of testate or intestate devolution, but it shall cease upon the death of the licensee, provided that executors or administrators of the estate of any deceased licensee and the trustee of any insolvent or bankrupt licensee when such estate consists, in part, of alcoholic liquor may continue the business of the sale of alcoholic liquor under order of the appropriate court and may exercise the privileges of the deceased or insolvent or bankrupt licensee after the death of such decedent or such insolvency or bankruptcy until the expiration of such license but not longer than six months after the death, bankruptcy, or insolvency of such licensee. A refund shall be made of that portion of the license fee paid for any period in which the licensee shall be prevented from operating such license in accordance with the provisions of this division (B).
(Prior Code, Chapter 12, § 14)