Sec. 77.2. Licenses

(a) Licenses are not transferable. If the business is sold, the purchaser must file an original application for a new license. If the certificate of license is lost, mutilated or destroyed, a duplicate will be issued upon proof of the fact and the payment of a fee of one dollar.

(b) The certificate of license must be displayed conspicuously in the licensee's principal place of business.

(c) If a private service bureau is discontinued, the license must be surrendered to the department, where it will be retained. If the owner desires to resume the business during the life of the license, application may be made for the return of the license. Similarly, if a branch office is discontinued, the certified photostat copy must be filed with the department.

(d) No license shall be issued for a private service bureau in a city having a population of 50,000 or more, if the place of business, or branch thereof, is within 1,500 feet of a building owned or leased by the State, a county or a city, in which motor vehicle registrations or licenses to drive motor vehicles are issued to the public.