Sec. 6-88Termination

All rights and privileges of the holder of an alcoholic beverage license issued by the city shall terminate upon the first to occur of the following:

(1) Death of the holder of such license, except to the extent on any right to continue to utilize such license as provided in subsection 6-84(b);

(2) Dissolution of a corporation or partnership which are holder of such license;

(3) The filing of any voluntary bankruptcy proceedings under the bankruptcy code by the holder of such license or the failure of the holder of such license to, within 60 days of the date of filing thereof, obtain dismissal of and involuntary proceeding filed under the bankruptcy code against the holder of such license;

(4) Lapse of such license pursuant to the provisions of this chapter;

(5) Denial by the city council or an application for renewal of such license;

(6) Revocation thereof by the city council;

(7) Surrender thereof by the licensee to the city;

(8) Automatically without any action on the part of the city upon revocation by the state department of revenue of any alcoholic beverage license issued by the state department of revenue to the holder of the license in issue with respect to such location; or

(9) The licensee ceases to be engaged in the sale of alcoholic beverages permitted with such license.

History: (Ord. No. 2023-3, § I(Exh. A), 6-1-2023)