(1) Is a personal privilege.
(2) Is renewable in the manner provided in ORS 475C.033, except for a cause that would be grounds for refusal to issue the license under ORS 475C.037.
(3) Is revocable or suspendible as provided in ORS 475C.265.
(4) Is transferable from the premises for which the license was originally issued to another premises subject to the provisions of ORS 475C.005 to 475C.525, applicable rules adopted under ORS 475C.005 to 475C.525 and applicable local ordinances.
(5) If the license was issued to an individual, expires upon the death of the licensee, except as provided in ORS 475C.025.
(6) Does not constitute property.
(7) Is not alienable.
(8) Is not subject to attachment or execution.
(9) Does not descend by the laws of testate or intestate devolution. [Formerly 475B.055]