Licenses nontransferable

(a) No license shall be transferable to another person. (b) Upon change of ownership of a collection service, the new owner shall apply for and obtain a new collection service license before commencing or continuing business. Acts 1981, ch. 170, § 13; 1988, ch. 823, § 24. (a) No license shall be transferable to another person. (b) Upon change of ownership of a collection service, the new owner shall apply for and obtain a new collection service license before commencing or continuing business. Acts 1981, ch. 170, § 13; 1988, ch. 823, § 24.