If any person liable for any amount under the provisions of this chapter sells out his business or quits the business, his successors or assigns shall withhold sufficient of the purchase price to cover such amount until the former owner produces a receipt from the Director of Finance, showing that all taxes due from the person quitting, selling, or assigning his business have been paid, or a certificate stating that no amount is due.
(§ 2, Ord. 215-NS, eff. July 15, 1971)