(A) A license shall be purely a personal privilege, good for and not to exceed one year after issuance, except a non-beverage users license, unless sooner revoked as in this act provided, and 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. Such 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 administrator of the estate of any deceased licensee, and the trustee of any involvement or bankrupt licensee, and the trustee of any part of alcoholic liquor, may continue the business of sale or manufacture 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 no longer than months after the death, bankruptcy or insolvency of such licensee. Except in the case of a non-beverage user’s license, 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 such license in accordance with the provisions of this division (A).
(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 such renewal license is sought or suitable for such purpose; and, provided further that, the renewal privilege herein shall not be construed as a vested
right which shall in any case prevent the Village President and Board of Trustees, from decreasing the number of licenses to be issued within its jurisdiction.
(Prior Code, § 9-208)