Permits and licenses -- Not transferable.
A permit or license is not:
(1)(A) Transferable to a subsequent owner or operator.
(B) However, a person purchasing an existing permitted retail location may operate under the selling owner's permit for a period not to exceed thirty (30) days from the date of sale to allow the purchasing owner time to secure a permit; or
(2) Transferable to a different physical location unless the permit holder obtains permission from the Director of Arkansas Tobacco Control