To receive a license to operate an adult oriented establishment, an applicant must meet the following standards:
(a) Individual Applicants. If the applicant is an individual:
(1) The applicant shall be at least eighteen (18) years of age.
(2) The applicant shall not have been found to have previously violated this Chapter or an ordinance of like terms in another jurisdiction or have been arrested or convicted for a violation for which licensure may be denied under Sec. 111.335, Wis. Stats., within five (5) years immediately preceding the date of the application.
(b) Corporate Applicants. If the applicant is a corporation:
(1) All officers, directors and stockholders required to be named under Section 7-I0-3(b) shall be at least eighteen (18) years of age.
(2) No officer, director or stockholder required to be named under Section 7-I0-3(b) shall have been found to have previously violated this Section within five (5) years immediately preceding the date of the application.
(c) Partnership or Joint Venture Applicants. If the applicant is a partnership, joint venture or any other type of organization where two (2) or more persons have a financial interest, all persons having a financial interest in the partnership, joint venture or other type of organization shall be at least eighteen (18) years of age.