(A) For the privilege of causing, permitting, and engaging in the actions, business, and transactions authorized thereby in regard to traffic in alcoholic beverages in the city and pursuant to the authority of KRS 243.070, there is hereby established a corresponding city license for each of the state licenses. The actions, business, and transactions authorized and permitted thereby and the expiration dates thereof shall be and are the same as those of the state licenses to which the city licenses correspond and which are indicated and described in KRS 243.030, KRS 243.040 and KRS 243.070. The fees for such city licenses shall be the maximum allowed by law.
(B) No person shall cause, permit, or engage in any of the actions, business, or transactions authorized by such city and state licenses within the city without both a valid city license and a valid state license therefor, as indicated and described in KRS 243.030, KRS 243.040 and KRS 243.070.
Penalty, see § 114.99