§ 13.24.230 — Franchise transfer or assignment

13.24.230 Franchise transfer or assignment.

Any franchise granted pursuant to this chapter is a privilege to be held in trust by the original franchisee. A franchisee shall not sell, lease, transfer, assign, or otherwise dispose of, either in whole or in part, whether by forced sale, merger, consolidation, bankruptcy, reorganization under bankruptcy laws or otherwise, a franchise issued pursuant to this chapter without the prior written consent of the solid waste manager. Any such consent of the solid waste manager shall be subject to terms and conditions prescribed by the solid waste manager. This restriction includes the transfer of ownership of the franchise, or a majority of the ownership or control of the franchisee, or the conveyance of a majority of the franchisee's stock to a new controlling interest. A franchise shall become void upon its abandonment by the franchisee. (Ord. 2021-0003 § 15)