A. A liquor license shall be purely a 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, nor shall it be alienable or transferable, voluntarily or involuntarily, or subject to being encumbered or hypothecated. Such liquor 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 estate 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 the 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 but not longer than six months after the death, bankruptcy or insolvency of such licensee. A refund shall be made of that portion of the liquor 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 subparagraph A.
B. A liquor license shall earlier terminate upon the sale of the liquor licensee’s business. The new owner(s) of such business must apply for a new liquor license if such owner(s) intend(s) to operate and conduct a retail liquor business at said previous liquor licensed location; provided, however, if any previously existing co-owner of such business remains a co-owner of such business following the sale thereof, then a new liquor license for the remaining unexpired one-year license term may be issued to the new owners of such business without the payment of any additional license fees provided all applicants are then eligible to receive a liquor license under this Chapter. (Ord. 2775, 11-4-1996; amd. Ord. 3943, 2-18-2020; Ord. 4113, 6-20-2022)