§ 10-17. New license required when business is changed so as to subject it to payment of additional license tax.

Where the amount of license tax is determined by certain factors existent at the time such license tax is due, or issued, and, after the issuance of such license, the licensee proposes to change such factors so that his business will be subject, under the provisions of this chapter, to a greater license tax, he shall, before making such change, deliver his license to the town revenue collector together with a written and signed statement as to the nature of such proposed change, and shall pay to the town revenue collector the proper additional license tax. The town revenue collector shall thereupon cancel the old license and shall issue to the licensee a new and appropriate license.

(Comp. 1961, p. 37, § 13; Ord. No. 96-4-2/O-3, § 2; Ord. No. 2001-04-09/O-5, § I)