(A) A registration shall be granted only to the applicant. One MFE is allowed per registration.
(B) A registration is not subject to transfer, sale, assignment or leasing to another person, MFE or entity without prior application to, and approval from the town.
(C) A change in ownership requires approval from the town in order to maintain the registration.
(1) The current owner must notify the town at least 14 days prior to the sale of the business.
(2) The proposed new owner must complete a registration application and meet all the requirements of R. I. Gen. Laws Chapter 5-11.1 and this part.
(Ord. 2020-5, passed 7-6-20)