A person holding a license under this chapter who desires to sell his or her place of business, together with such license, may do so provided that the following occurs.
(A) The license must be surrendered to the Local Liquor Commissioner.
(B) The name of the prospective buyer must be furnished to the Local Liquor Commissioner.
(C) The prospective purchaser must demonstrate to the Local Liquor Commissioner that he or she meets all the requirements for a license under this chapter.
(D) Upon the foregoing being fully complied with, a new license may be issued to the purchaser for the unexpired term of the surrendered license, no additional fee being paid therefor.
(E) No refund shall be paid to the person surrendering the license, if the purchaser is refused the license, the license shall be returned to the original licensee.
(Ord. 592, passed 1-4-2021) Penalty, see § 112.999