§ 53-5. Effect of license., Chapter 53. Going-Out-Of-Business Sales, Ordinances, Code of Ordinances, Norwalk

A license shall be issued hereunder on the following terms:

(1)

Licensing period.

(a)

The license shall authorize the sale described in the application for a period of not more than the time allowed pursuant to C.G.S. § 21-35c(a) and shall be subject to renewal for a period not to exceed the period allowed for extension pursuant to C.G.S. § 21-35c(a), provided that:

[1]

Facts exist justifying the license renewal.

[2]

The licensee has filed an application for renewal.

[3]

The licensee has submitted with the application for renewal a revised inventory showing the items listed on the original inventory remaining unsold and not listing any goods not included in the original application and inventory.

(b)

For the purposes of this subsection, any application for a license under the provisions of this ordinance covering any goods previously inventoried as required hereunder shall be deemed to be an application for renewal, whether presented by the original applicant or by any other person.

(2)

Nature of sale. The license shall authorize only the one type of sale described in the application at the location named therein.

(3)

Saleable goods. The license shall authorize only the sale of goods described in the inventory attached to the application.

(4)

Surrender of general license. Upon being issued a license hereunder for a going-out-of-business sale, the licensee shall surrender to the License Officer all other business licenses he may hold at that time applicable to the location and goods covered by the application for a license under this ordinance.

(5)

Nontransferability. Any license herein provided for shall not be assignable or transferable.