(A) A license shall be purely a personal privilege, good for not to exceed one year after issuance unless sooner revoked as in this chapter provided, and shall not constitute property, nor shall it be subject to attachment, garnishment or execution, not shall it be alienable or transferable, voluntarily or involuntarily, or subject to being encumbered or hypothecated. The 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 state 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 or manufacture of alcoholic liquor under order of the appropriate court, and may exercise the privileges of the deceased or insolvent of bankrupt licensee after the death of the decedent, or the insolvency or bankruptcy until the expiration of the license but not longer than six months after the death, bankruptcy or insolvency of the licensee. A refund shall be made of that portion of the license fees paid for any period in which the licensee shall be prevented from operating under the license in accordance with the provisions of this division, provided however that if the license is revoked for the causes as in this chapter set forth, there shall be no refund.
(B) 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 the renewal license is sought are suitable for such purpose; and provided, further, that the renewal privilege herein provided for shall be construed as a vested right which shall in any case prevent the Mayor from decreasing the number of licenses to be issued within his or her jurisdiction.
(Ord. passed 3-5-34)