A. In any local option district, a club qualified under the provisions of the Liquor

Control Act [60-3A-1 N.M. Stat. Ann.] may apply for and be issued a club license.

B. Club licenses shall not be transferred from one owner to another. A club license may be transferred from one location to another upon compliance with the provisions of the Liquor Control Act. A club license shall not be leased.

C. The provisions of Section 35 [60-6A-18 N.M. Stat. Ann.] of the Liquor Control Act shall not apply to club licenses.