2024 Florida Statutes
< Back to Statute SearchTitle XIV TAXATION AND FINANCE
Chapter 206
MOTOR AND OTHER FUEL TAXES
SECTION 027Licenses not assignable.
206.027 Licenses not assignable.—
(1) No license granted under the provisions of this chapter shall be transferred or assigned except upon application to, and written consent and approval of the transferee by, the department pursuant to the provisions of s. 206.026.
(2) At all times prior to approval of a transfer or assignment of the license the transferor shall be deemed to be the licenseholder.
(3) Whenever a license is held by a corporation or business entity other than an individual, no transfer of the stock or other evidence of ownership or equity in the licenseholder shall be made, absent the prior approval of the transferee by the department pursuant to the provisions of s. 206.026.
History.—s. 79, ch. 85-342.