1.  A license issued under this chapter is not transferable or assignable.

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2.  The license entitles the holder to engage in business only at the location or locations specified in the application or at a location or locations operated by an authorized delegate of the licensee.

3.  A change must not be made in:

(a) The location of any place of business covered by the license;

(b) The name of the licensed business; or

(c) The licensee’s operation or services if the nature of the change affects the qualification for the license, without prior notice to and approval of the Commissioner.