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210.45 Issuance, expiration, and display of licenses; license not transferable

Upon receipt of an application in proper form and payment of the required license fee, the division shall, unless otherwise provided by this part, issue to the applicant a license which shall permit the applicant to engage in business as a distributor at the place of business shown on the license.  Each license shall expire on June 30 following its date of issue unless sooner revoked by the division or unless the business for which the license was issued is transferred.  In either case, the holder of the license shall immediately surrender it to the division.  Each license shall be prominently displayed on the premises covered by the license.  No license shall be transferable to any other person.

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