Code of Federal Regulations (alpha)

CFR /  Title 27  /  Part 31  /  Sec. 31.121 Sale of business.

Under this part, registration is personal to the one who registered and is not transferable from one dealer to another. Where a change occurs in the proprietorship of a business for which registration has been completed, the successor must register as a new business. (26 U.S.C. 5124)