Sec. 35-22. - Change of ownership.

(a)

In the event that there is a change in ownership of any cannabis business, the new owner is required to submit an updated registration form to the treasurer-tax collector.

(b)

Unless otherwise provided by law, upon the sale of any cannabis business:

(1)

It is the joint and several liability of both the seller and buyer to remit any tax due up until the date of sale; and

(2)

A Certificate of Delinquent Cannabis Business Tax Lien may be filed against both the seller and/or buyer in an amount determined by the treasurer-tax collector.

(c)

Following any change of ownership, the new owner is subject to an audit by the treasurer-tax collector or his or her designee.

(d)

Any owner of a cannabis business required to collect or pay the cannabis business tax may apply for and receive, within ninety (90) days of application, a Tax Clearance Certificate, provided that the taxes and any penalties are paid in full for the time period specified.

(Ord. No. 6188, § 22, 12-13-2016)