Transferability of license.
Denver Revised Municipal Code § 24-423
in effectSec. 24-423. - Transferability of license.
(a) In general. For the purposes of this division 2, the transfer, sale, or assignment of more than fifty (50) percent ownership interest in a retail tobacco store shall be deemed a transfer of ownership.
(b) Ownership transferable. A retail tobacco store license shall be transferable from one (1) person to another upon approval by the manager of licensing and consumer protection. Any application to transfer ownership of a retail tobacco store license may be denied for the reasons set forth in section 24-422, except that any transfer of ownership of a retail tobacco store license shall not affect any exemption that the licensed premises may enjoy from the location restrictions set forth in section 24-422(b).
(c) Location nontransferable. No retail tobacco store license shall be transferable from one (1) location to another.
(Ord. No. 921-19, § 3, 9-30-19; Ord. No. 221-21, § 1, 3-30-21; Ord. No. 1003-25, § 14, 7-28-25)
Source: City and County of Denver, Revised Municipal Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/co/denver/codes/code_of_ordinances?nodeId=TITIIREMUCO_CH24HESA_ARTXISATOPR_DIV2LIRE_S24-423TRLIFetched: 10/27/2026