Every licensee and permittee:
(A) Shall have the duties set forth in this section;
(B) Shall permit at reasonable times inspections of the place of business by authorized officers or employees;
(C) Shall comply with laws, ordinances and regulations applicable to the licensed business, activity or property;
(D) Shall display the license or other insignia given as evidence of the license in a conspicuous place on the premises, vehicle or device to which the license relates. If the license is not so related, the license shall be carried on the licensee’s person;
(E) The licensee shall not lend or give to any other person the license or license insignia.
(`89 Code, § 85.060)