(A) Licenses for the retail sale of alcoholic liquor hereunder shall be issued by the President, and he or she may renew the license of all licensees at the expiration of their license period; provided the license has not lapsed, been revoked or canceled; and provided, further, that each applicant for a license, or for the renewal thereof, and the premises where the business is to be carried on shall comply fully with all the conditions and provisions of this subchapter and §§ 112.01 through 112.15; but the President shall not issue more than four licenses hereunder, and upon each revocation, the authorized total of licenses the President is permitted to issue is to be reduced by one.
(1983 Code, § 3-2B-3) (Ord. 16-08, passed 6-20-2016)