No license issued hereunder shall be subject to attachment, garnishment, or execution, nor shall it be alienable, transferable, or assignable, voluntarily or involuntarily, or subject to being encumbered or hypothecated. As used herein, to "alienate" or to "transfer" a license shall include the giving, selling, or conveyance of a license or of fifty percent (50%) or more of the total number of shares of stock, or securities convertible into stock, of a corporation or entity that holds a license. (Ord. O2005-33, 7-19-2005)