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(a) A tobacco product retail license shall not be transferred from one (1) person to another or from one (1) location to another. A new license is required whenever a tobacco product retail location has a change in owner(s) in an arm’s length transaction.

(b) Notwithstanding any other provision of this Article, prior violations at a licensed location shall continue to be counted against the location and license ineligibility periods shall continue to apply to the location unless:

(1) The location has been transferred to new business owner in an arm’s length transaction; and

(2) The new business owner(s) provide the Town with clear and convincing evidence that the new business owner(s) has acquired or is acquiring the location in an arm’s length transaction. (Ord. 1499 §1 (Exh. A), 2020)