(A) Generally. A license shall be purely a personal privilege and the license shall not constitute property, nor shall it be subject to attachment, garnishment or execution; nor shall it be alienable or transferable, voluntarily or involuntarily.
(B) Sale of business. Notwithstanding division (A) of this section, an application for the transfer of a license may be made to the Liquor Control Commissioner in the case of a bona fide sale or transfer for valuable consideration of the business. It shall be made as follows.
(1) The application shall be made under oath by the licensee and proposed purchaser and accompanied by the required fee. The application shall contain information of the proposed purchaser as is required of an applicant for a new license.
(2) The Commissioner shall determine whether it is in the best interests of the county to permit the transfer of license and shall make his or her decision based on those elements listed in § 110.018.
(3) The Commissioner shall notify the licensee within ten days of the application of his or her decision and if the application is denied, the licensee may request a hearing before the Commissioner within three days of the date of the receipt of the notification. The request shall be in writing.
(1980 Code, § 110.042) (Res. 86-90, adopted 6-19-1986; Ord. 05-500, adopted 11-17-2005; Ord. 22-236, passed 8-18-2022)
Statutory reference:
Exercise of corporate powers, see 55 ILCS 5/5-1004
Local control of Liquor Control Act of 1934, see 235 ILCS 5/4-1 et seq.