No cardroom license shall be assignable or transferable. A change of persons having a financial interest in a licensed business shall be reported immediately to the City Manager, who shall order an investigation by the Police Department and the changes approved or denied by the City Council. Application for change of financial ownership shall be accompanied by a $65 nonrefundable investigation fee.
(Prior Code, § 111.023) (Ord. 855, passed 1-3-1977; Ord. 994, passed 5-4-1981)