§ 9-112-030 — Total number of licenses
Municipal Code of Chicago (2026 S-74, current through Council Journal of June 17, 2026) · Municipal Code of Chicago § 9-112-030
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9-112-030 Total number of licenses.
The total number of licenses that each licensee holds will be based on the total licenses in each corporation, or legal entity, in which they hold a 25 percent or greater share of ownership interest including, but not limited to, stocks and shares. No person shall own in whole or in part, directly or indirectly, or have a security interest in more than 25 percent of, the authorized licenses issued under Chapters 9-112 and 9-114. (Added Coun. J. 1-18-12, p. 19118, § 1; Amend Coun. J. 12-10-14, p. 101074, § 3; Amend Coun. J. 4-15-26, p. 42642, § 2)