§ 112.28 CHANGE IN OWNERSHIP.
   Any changes in partners; members; officers; directors; persons holding directly, beneficially, or through any form of indirect or concealed ownership or control more than 5% of the stock or ownership interest of any licensee or premises for which a license has been issued or managers of establishments licensed under this chapter, shall be reported in writing to the Local Liquor Control Commissioner within ten days of the change. All such new individuals shall meet all the standards of this chapter and must otherwise qualify to hold a liquor license. All such changes shall be subject to review by the Local Liquor Control Commissioner.
(Ord. 2021-O-086, passed 12-7-21)