Any liquor control licensee, wine permittee, or beer permittee whose license or permit is revoked under the Iowa Alcoholic Beverage Control Act shall not thereafter be permitted to hold a liquor control license, wine permit, or beer permit in the State of Iowa for a period of two (2) years from the date of such revocation. The spouse and business associates holding ten percent (10%) or more of the capital stock or ownership interest in the business of a person whose license or permit has been revoked shall not be issued a liquor control license, wine permit, or beer permit, and no liquor control license, wine permit, or beer permit shall be issued which covers any business in which such person has a financial interest for a period to two (2) years from the date of such revocation. In the event a license or permit is revoked, the premises which has been covered by such license or permit shall not be relicensed for one year. (1975 Code § 3-1-23; amd. 1998 Code)