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requirements of financial responsibility.__For purposes of this | chapter, unless otherwise indicated, the term "applicant" means: |
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| A. For an applicant who is a natural person, the individual; |
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| B.__For an applicant that is a partnership, each person with | an interest in the partnership; and |
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| C.__For an applicant that is a corporation, the officers or | directors of the corporation and each shareholder with a | controlling interest in the corporation.__In the case of a | publicly owned corporation, "controlling interest" means | direct or indirect ownership of more than 50% of the shares | of the corporation. |
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| | 2.__Denial of license.__Finding any of the following is a | ground for license denial: |
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| A.__Conviction of a Class A, Class B or Class C crime, or | any crime of moral turpitude; or |
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| B.__Conviction of any local, state or federal tax law | violation. |
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| | A liquor store licensee must furnish a bond with a surety to | the bureau before conducting any business under the license.__The | amount of the bond must be determined by the bureau, but may not | exceed $100,000.__The purpose of the bond is to insure the | licensee's financial responsibility and to ensure that sufficient | funds are available to satisfy any penalty assessed under this | chapter. |
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| | If a licensee holds more than one license, the bureau may | determine that only one bond is required, as long as the bond | covers all of the licensed operations of the licensee. |
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| §454-D.__Issuance of licenses |
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| | Licenses for sale and distribution of spirits in liquor stores | may be issued by the bureau upon application and under such rules | as the bureau may prescribe.__A person licensed under this | section may not sell liquor for consumption on the premises where | sold. |
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| | A license issued by the bureau applies only to the applicant | and the premises designated on the application, unless | transferred pursuant to section 605, subsection 1. |
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