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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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