10-1-22. Termination of license.

Any licensee authorized to deal in alcoholic beverages upon termination of its license may at any time within twenty (20) days thereafter sell the whole or any part of the alcoholic beverages included in its stock in trade at the time of termination to any licensee under the provisions of this ordinance. A complete report of such purchase and sale must be made by both the purchaser and licensee to the Commission. At the discretion of the Commission, and additional twenty (20) days extension to sell may be granted to the licensee by the Commission.