A license issued under this chapter shall permit the sale of alcoholic liquor only
in the premises described in the application and license, and only under the conditions
and restrictions imposed in this chapter on the particular class of license described
therein. The license shall not be subject to attachment, garnishment or execution,
nor shall it be alienable or transferable, voluntarily or involuntarily, or subject
to being encumbered or hypothecated. Such license shall not descend by the laws of
testate or intestate devolution, but shall cease upon the death of the licensee; provided,
that the executors or administrators of the estate of any deceased licensee and the
trustee of any insolvent or bankrupt licensee, when such estate consists in part of
alcoholic liquor, may continue the business of the sale of alcoholic liquor under
the order of the appropriate court, and may exercise the privileges of the deceased
or insolvent or bankrupt licensee after the death of such decedent, or such insolvency
or bankruptcy, until the expiration of the license, but not longer than six months
after the death, bankruptcy or such insolvency of such licensee. Upon the death of
a licensee, if the executor or administrator does not continue the business under
such license, there shall be made a refund of that portion of the license fee paid
for any period in which the executor or administrator of the decedent's estate shall
have the right to a renewal of such license; provided, that he or she is then qualified
to receive a license and the premises for which such renewal is sought are suitable
for such purpose, but nothing in this section shall be deemed to restrict the right
of the president of the village board to revoke any such license.
(Ord. 7-1974 § 29, 1974)
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