(A) No existing liquor license shall be transferred or renewed in the name of a different licensee. Any change in the licensee shall require filing a new application and complete compliance with the application requirements herein. Change in the licensee shall include sale or transfer of more than 5% of the stock of a licensed corporation. The issuing of a new license in the event of any such change shall be subject to all the requirements and conditions of this chapter.
(B) A liquor license shall be a purely personal privilege, good for not to exceed one year after issuance, unless sooner revoked as provided in this chapter or under 235 ILCS 5/1-1 et seq. Said license shall not constitute property, nor shall it be subject to attachment, garnishment or execution, nor shall it be alienable or transferable, voluntarily or involuntarily, or subject to being encumbered or hypothecated.
(C) A liquor 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.
(D) A person licensed pursuant to this chapter is authorized to sell alcoholic liquor only at the premises, place or location described in the application and license. An existing licensee may apply for a change of location license transfer only when the licensee intends to abandon the currently licensed location, when the proposed site for the new location is not prohibited by this chapter, and when the licensee may properly be licensed under the rules stated in this chapter. Such location may be changed only upon written approval of the Commissioner.
(E) No request for a change of location shall be approved prior to the expiration of 30 days from the date the application for a change of location is filed. At the time of filing the request for a change of location, the licensee may be required to pay a filing fee.
(1993 Code, § 70.17) (Ord. 93-09, passed 12-15-1993) Penalty, see § 70.999
Statutory reference:
Transferability, see 235 ILCS 5/6-1