Section 15-1737. Transfer of license restricted  


Latest version.
  • No  voluntary  sale,  assignment, or transfer of any license or of the
      rights thereby granted shall be made without the written approval of the
      department; nor become effective until the  instrument  of  transfer  be
      filed  and  recorded  in the office of the clerk of each county in which
      property covered by the license is located. Notice thereof must be given
      to the department before possession is given under such transfer, and if
      there be a transfer by operation of law, the transferee must give notice
      thereof to the department before taking possession.