(A) Number. The number of licenses authorized pursuant to this chapter in each class shall be as provided in the annual fee ordinance, as amended from time to time. The maximum number of Class E Special Event Licenses authorized pursuant to this chapter shall be established by the Liquor Control Commissioner.
(B) No property right. Each liquor license is purely a personal privilege and is not a property right in any form. No license is or may be subject to attachment, garnishment, or execution. No license is alienable or transferable, whether voluntarily or involuntarily, or is subject to being encumbered or hypothecated. No license may descend by the laws of testate or intestate succession. Every license ceases on the death, bankruptcy, or insolvency of the licensee; except only that executors or administrators of the estate of any deceased licensee and the trustee of the estate of any bankrupt or insolvent licensee, when such estate consists in part of alcohol 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, bankrupt, or insolvent licensee until the original expiration date of that licensee's license but no longer than six months after the death, bankruptcy, or insolvency of that licensee.
(Ord. 1191, passed 3-20-2017)