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What is NYC AC § 20-109?

Quick Answer

This section stipulates that licenses issued under chapter two are not assignable or transferable unless explicitly allowed by law, regulation, or rule from the commissioner. Applies to individuals or entities holding such licenses.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 20-109 Transferability.

AC § 20-109

No license issued under chapter two shall be assignable or transferable unless otherwise specifically provided by law or regulation or rule issued by the commissioner.

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