§ 112.31 SUSPENSION OR REVOCATION OF LICENSE.
   (A)   The Town Clerk shall refuse to issue a license to an applicant or shall promptly revoke an existing license upon notice that the applicant or licensee is in violation of the provisions of this subchapter.
   (B)   The Town Clerk or designee shall deliver to the applicant or licensee, by certified mail, written notice of the denial of an application or the revocation of an existing license. The notice shall state the reason for denial or revocation. Notice shall be delivered to the address listed on the application or license. Notice shall be deemed served as of the date of mailing.
   (C)   Within 24 hours of receipt of notice of revocation, the licensee shall turn in to the Town Clerk all identification badges issued to the licensee and to any agent of the licensee. Upon compliance by the licensee with the above requirement, the Town Clerk shall refund the deposit fee to the licensee.
   (D)   The provisions of division (B) above shall not apply to transactions solely between merchants licensed under this subchapter or between merchants who would be required by this subchapter to secure licenses if their establishments were located within the town.
(2001 Code, § 8-4-12)