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 Gate City
 Code of Ordinances
 Chapter 8. BUSINESS LICENSES
 Article I. IN GENERAL

  § 8-10. License personal privilege.  

Latest version.

  • (a)

    Every license issued under this chapter shall be deemed to confer a personal privilege to transact, carry on or conduct the business, profession, trade or occupation in the town, and such privilege shall not be exercised except by the person licensed. The transfer of such license, except as authorized in this section, shall be invalid and shall not relieve the transferee from the obligation of procuring a license in accord with the provisions of this chapter.

    (b)

    A license issued under this chapter shall be transferable, except where provided otherwise, only where the business for which the license was issued has been sold or disposed of, but is to be continued by the purchaser or transferee at the same or at some other location within the town. In no case shall the license transfer be legal or valid unless and until notice in writing is given to the director of finance. Such notice shall contain the name, trade name, if any, and the address of the proposed transferee, the proposed new location, if any, and the time of the proposed transfer. Failure to notify the director of finance of the transfer of the license, within 30 days after such transfer, shall invalidate such license. The director of finance shall give written approval of the transfer, if such transfer is approved.

    (c)

    If the transferor's license for the current license year has been based on an estimate of gross receipts or gross expenditures, the transferor shall reveal the gross receipts or gross expenditures for the period the transferor was in business during the current license year. If the accumulation of gross receipts by transfer shall exceed the original estimate, the transferee shall be required to amend the license by an estimate of the gross receipts or gross expenditures the transferee will incur between the day of beginning business and the end of the current license year.

    (d)

    The director of finance shall collect $10.00 for each license transfer; which sum shall be used to pay administrative costs incurred by such transfer. The treasurer shall keep a record of all license transfers. No person shall transfer or attempt to transfer a license contrary to the provisions of this section.

    (Comp. Ords., § 11.9)

(Comp. Ords., § 11.9)