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(d) Successor's duty to notify. If a medicinal cannabis retail business owner/operator <br />decides to sell, assign, or otherwise transfer their business, their successor shall <br />notify the collector of the date of the sale, assignment, or other transfer at least <br />the transferor does not have or is not liable for any outstanding business license <br />the transferor produces a certificate of nonliability stating the nonliability of the <br />assignment, or other transfer, the successor shall deposit the withheld amount with <br />the collector pending settlement of the account of the transferor. <br />If the decision to sell, assign, or otherwise transfer was made within less than a <br />ninety (90) day period prior to the date of the sale, assignment, or other transfer, <br />three (3) months' of reported and remitted business license taxes until the <br />present a certificate of nonliability within ninety (90) days after such sale, <br />assignment, or other transfer, the successor shall deposit the withheld amount with <br />the collector pending settlement of the account of the transferor. <br />(e) Joint and several liability. If the successor fails to withhold the applicable amount <br />license tax liabilities and shall likewise become jointly and severally liable along <br />with the transferor for future penalties and/or interest charges as may be applicable <br />as set forth in sections 21-83, 21-84, and 21-85 until all business license tax <br />liabilities are satisfied. <br />(f) Certificate of nonliability. Upon application of a medicinal cannabis retail business <br />operator/owner who is terminating their business, or a transferor, or a successor, <br />transferor's, or successor's business license tax liabilities have been satisfied. If <br />any business license tax liabilities remain outstanding, or if additional business <br />license tax liabilities have accrued subsequent to the date of application, the <br />collector shall give notice to the operator/owner, transferor, or successor of the <br />applicable amount which must be fully paid as a condition of issuing their <br />respective certificate of nonliability. Where a transferor's business license tax <br />liabilities have been partially or wholly paid by their successor to the collector <br />75F-11 <br />