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A. The following transfers of business activity shall be considered involuntary:

1. Transfer to a receiver or trustee in bankruptcy.

2. Transfer to a receiver pursuant to the order of a Superior Court of this State or equivalent action by a court of general jurisdiction of a foreign state.

3. Transfer to an executor, administrator or personal representative by virtue of the death of a sole proprietor or partner, provided that the transfer by operation of law of partnership assets to a surviving partner or partners is considered a voluntary transfer as to such partner or partners, and partnership assets.

4. Transfer to a landlord by seizure or distraint for rent or similar remedy whether or not accompanied by judicial proceedings for recovery or redelivery of the demised premises.

5. Transfer to a secured party by operation of a mortgage, deed of trust or other security agreement, with or without judicial proceedings.

6. Voluntary or involuntary guardianship pursuant to Title 14, Arizona Revised Statutes, or equivalent proceedings under a foreign statute and foreign court of competent jurisdiction.

B. In the event of any transfer described in Subsection A, a business succession lien shall immediately be created and shall attach as of the date of the first act or event calculated or effective to accomplish the transfer and shall attach to all assets of the original business entity and any resulting estate. Liabilities to the City due as of such date covered by such lien shall be payable solely from assets of the estate of the original business, subject to prior liens and court orders, and subject to any additional personal liability that may be imposed pursuant to Sections 13-11 and 13-14.

C. Any transferee under Subsection A who continues to operate the business activity is liable for all taxes, license fees, and applicable interest arising from or issued in connection with the business activity conducted or carried on by the transferee. The transferee shall be subject to the personal liability provisions of Sections 13-11 and 13-14. (Ord. No. G-2075, § 1; Ord. No. G-2976, § 3; Ord. No. G-3192, § 4; Ord. No. G-5349, § 1, 2009)