9.20.210 Transfer of ownership or interest.

A. Licensee(s) shall not sell, lease, barter, hypothecate or give away any interest in, or create or enter into any trust agreement or any agreement of any sort relative to any operation or premises, or any portion of such operation or premises, without notification to and receiving prior approval from the board.

B. Nothing contained in subsection A of this section shall prevent the licensee(s) from surrendering the license to the board and immediately terminating operations and/or the operation. (Ord. 129 (part), 1988)