(A) Form. Every application for a license shall be in the form prescribed by the Commissioner of Public Safety and applicant shall furnish other information as the City Council may require. No person shall make a false statement in an application.
(B) Financial responsibility; insurance requirement. Prior to the issuance of a liquor license, the applicant must comply with the requirements of M.S. § 340A.409 (as amended from time to time) in demonstrating proof of financial responsibility with regard to liability imposed by M.S. § 340A.801 (as amended from time to time).
(C) Approval of security.
(1) The security offered under division (B) above shall be approved by the City Council and in the case of an applicant for an off-sale license or an on-sale wine license, by the Commissioner of Public Safety.
(2) Surety bonds and liability insurance policies shall be approved as to form by the City Attorney. Operation of a licensed business without having on file with the city at all times effective security as required in division (B) above is a cause for revocation of the license.
(Prior Code, § 4.303) Penalty, see § 10.99