Sec. 4-4 Whenever any person sells, trades, disposes of, or transfers any bicycle licensed pursuant to the provisions of this chapter, he shall endorse upon the license receipt previously issued for such bicycle a written transfer of same, setting forth the name, address, and telephone number of the transferee, the date of transfer, the signature of the transferor, and shall deliver such license receipt, so endorsed, to the licensing agency at the time of transfer. The transferee shall, within ten (10) days after such transfer, apply to said licensing agency for a transfer of the license receipt. A fee of one dollar ($1.00) shall be charged for said transfer of ownership.

(Ord. No. 545, § 1, 3-10-75.)