§ 19-116. Transfer of business tax receipt to new owner.

Unless otherwise prohibited by this article, a business tax receipt may be transferred to a new owner upon presentation of evidence of bona fide sale of the business. Such transfer will take place with the issuance of a new receipt in the name of the new owner and will require the completion of an application by the new owner, payment of a receipt transfer fee of up to ten (10) percent of the annual tax, but not less than three dollars ($3.00) nor more than twenty-five dollars ($25.00) and surrender of the original receipt.

(Ord. No. 2006-47, § 2, 12-5-06)