§ 10-69. Time limit for commencement of business in licensed establishment; forfeiture for nonuse.
Latest version.
(a)
All holders of licenses under this division must, within nine months after the issuance
of the license, open for business the establishment referred to in the license. Failure
to open the licensed establishment within the nine-month period shall serve as automatic
forfeiture and cancellation of the unused license, and no refund of license fees shall
be made to the license holder.
(b)
Any holder of a license under this division who shall begin the operation of the business
as authorized in the license but who shall for a period of nine consecutive months
thereafter cease to operate the business as authorized in the license shall, upon
completion of the nine months, automatically forfeit the license, which license shall,
by virtue of the failure to operate, be canceled without the necessity of any further
action of the license review board or the council.
(Code 1977, § 14-2054)
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