The Board of Trustees of the village shall have power and authority to revoke said license, or any license issued under the provisions of this chapter, for the following reasons:
(A) For any false statement made by said applicant in the application for license;
(B) For any violation of the provisions of this chapter;
(C) For the violation of any law of the state pertaining to the sale, manufacture or distribution of beverages;
(D) For the violation of any law of the United States pertaining to beverages;
(E) Said license may be revoked by said Board of Trustees for failure to comply with any regulation specified in this chapter or hereinafter enacted by said Board of Trustees for the regulation or control or licensing of beverages; and/or
(F) For failure to make payment of the license fee in advance as provided by this chapter.
(1975 Code, § 22-125)