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§ 478.51 License not transferable.

27 CFR 478.51

Citation27 CFR 478.51
CorpusDaily eCFR
Displayed edition2026-05-12
Last updated2026-05-12

§ 478.51 License not transferable.

Licenses issued under this part are not transferable. In the event of the lease, sale, or other transfer of the operations authorized by the license, the successor must obtain the license required by this part prior to commencing such operations. However, for rules on right of succession, see § 478.56.