Nontransferability of licenses - 4 Pa. Cons. Stat. § 1327

Legal Research Home > Pennsylvania Statutes

     § 1327.  Nontransferability of licenses.
        A license or permit issued by the board is a grant of the
     privilege to conduct a business in this Commonwealth. Except as
     permitted by section 1328 (relating to change in ownership or
     control of slot machine licensee), a license or permit granted
     or renewed pursuant to this part shall not be sold, transferred
     or assigned to any other person; nor shall a licensee or
     permittee pledge or otherwise grant a security interest in or
     lien on the license or permit. Nothing contained in this part is
     intended or shall be construed to create in any person an
     entitlement to a license. The board has the sole discretion to
     issue, renew, condition or deny the issuance of a slot machine
     license based upon the purposes and requirements of this part.
     (Nov. 1, 2006, P.L.1243, No.135, eff. imd.)

Last modified: November 27, 2007