1. (a) A holder of a license with an on-sale privilege shall:

   1. (1) keep complete and accurate books of account of daily receipts and expenditures in the form that the Board requires; and
   2. (2) procure vouchers or purchase slips for all alcoholic beverages, food, and other items bought for sale.

2. (b) An on-sale license holder shall:

   1. (1) keep the records required under subsection (a) of this section at the location designated in the license or another location in the county; and
   2. (2) on at least 5 days' notice, make the records available for inspection by the Board or a designee of the Board.

3. (c)

   1. (1) If a report required by this section or an investigation by the Board, a Board officer, or any other person indicates that a holder of a license with an on-sale privilege is violating this title, the Board shall summon the license holder and conduct a hearing.

   2. (2) If the charges at the hearing are sustained, the Board:

      1. (i) shall impose a fine of not less than $250 and not more than $2,000; and
      2. (ii) may suspend or revoke the license holder's license immediately.

Added by Acts 2016, c. 41, § 2, eff. July 1, 2016. Amended by Acts 2020, c. 350, § 1, eff. July 1, 2020; Acts 2020, c. 351, § 1, eff. July 1, 2020; Acts 2020, c. 391, § 1, eff. July 1, 2020; Acts 2020, c. 392, § 1, eff. July 1, 2020.