Statute 47-1001f: When license transferable; renewable, when.
Each market license is personal to the holder and to the facilities
covered thereby, and transferable only upon application in the same form
and manner as new applications for such market licenses, except when an
owner shall sell and convey a market to a bona fide purchaser who is to
continue the market at the same location, the market license shall be
transferred to the new owner upon application therefor, without a hearing
before the commissioner, upon the furnishing of the required bond and
without payment of any additional fee; and the license so transferred shall
be renewable upon payment of required fees and otherwise complying with the
law for renewal of market licenses.
History: L. 1965, ch. 333, § 7; June 30.