(a) (1) On the death of a married license holder or a license holder that holds a license for the benefit of a partnership or corporation, on application to the Board, a new license shall be issued to:
(i) the surviving spouse;
(ii) the surviving partners for the benefit of the partnership; or
(iii) the senior surviving officer of the corporation for the benefit of the corporation.
(2) The new license shall be issued:
(i) for the balance of the license year; and
(ii) without further proceedings.
(b) A renewal license may be issued to the following if they are qualified to hold the license:
(1) the surviving spouse;
(2) the surviving partners of a partnership; or
(3) the senior surviving officer of a corporation for the benefit of the corporation.