(A) A city licensee shall not assign or transfer any city license to any other person or premises unless that person or premises complies with all of the provisions of this chapter; the transfer of the license is approved by the City Administrator; and the transfer of the state license to which the city license corresponds is approved by the state. A transfer fee of ten ($10) dollars, along with the payment of five (5%) percent of the original cost of the license, shall be paid to the city for the transfer of the city license.
(B) No assignment of any license issued under this chapter shall be made except by court order, and with the approval of the Alcoholic Beverage Administrator.
(Ord. 16-1968, passed 4-22-68) Penalty, see § 114.99