(A) A license may be assigned if a business licensed under this chapter and carried on at a fixed place is sold as a unit to any person, and the purchaser is to carry on the same business at the same place.
(B) Such a change shall be reported to the Tax Collector in accordance with this subchapter. Otherwise, each license issued under this chapter is a personal privilege and is not assignable.
(Prior Code, § 16-38)