§ 78-404. Time limit for commencement of business; forfeiture for nonuse.
Latest version.
(a)
All holders of licenses under this division must, within three months after the issuance
of the license, open for business the establishment referred to in the license, unless
such period is extended by the supervisor of the business license office. Failure
to open the licensed establishment as referred to in this subsection within the three-month
period shall serve as an 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 three consecutive months
thereafter cease to operate the business as authorized in the license, shall upon
completion of the three-month period automatically forfeit his license, which license
shall, by virtue of such failure to operate, be canceled without the necessity for
any further action of the supervisor of the business license office.
(Ord. of 7-23-13)
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