A.   Nontransferability: A license issued under this chapter shall be purely a personal privilege, good for not to exceed one year after issuance unless sooner revoked 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 the 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 contain the business of the 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 but no longer than six (6) months after the death, bankruptcy or insolvency of such licensee. A refund shall be made of that portion of the license fees paid for any period in which the licensee shall be prohibited from operating under such license in accordance with the provisions of this subsection. (1999 Code § 3.12)
   B.   Renewals: Any licensee may renew his license at the expiration thereof, provided he is then qualified to receive a license, and the premises for which such renewal license is sought are suitable for such purpose, and provided further, that the renewal privilege herein provided for shall not be construed as a vested right which shall not in any case prevent the village president and board of trustees from decreasing the number of licenses to be issued within its jurisdiction. No retailer's license shall be renewed if the department of revenue has reported to the Illinois liquor control commission that such retailer is delinquent in filing any required tax returns or paying any amounts owed to the state until the applicant is issued a certificate by the department of revenue stating that all delinquent returns or amounts owed have been paid by guaranteed remittance or the payment agreement to pay all amounts owed has been accepted by the department. No retailer's license issued by the local liquor commissioner shall be renewed unless the applicant provides documentation that any tax owed to the village by the applicant has been satisfied by payment in the form of a cashier's check, certified check, money order, or cash. (1999 Code § 3.12; amd. 2005 Code)
   C.   Dishonored Payments: A negotiable instrument received as payment for a license fee, transfer fee, late fee, offer in compromise, predisciplinary conference settlement, or fine imposed by order that is dishonored on presentation shall not be considered payment and shall be cause for disciplinary action. (2005 Code)