Except as otherwise provided in 22 MRSA §1553, a license or any interest in a license may not be sold, transferred, assigned or otherwise controlled by any person, other than the licensee. If the business or any interest in the business connected with a licensed activity is sold, transferred or assigned, the license holder shall send immediately to the Department the license and a sworn statement showing the name and address of the purchaser. A license shall not be issued to another applicant until the current license and sworn statement of the former licensee are received by the Department.
10- 144 C.M.R. ch. 203, § 5