§ 5.44.110. Application—Affidavits concerning persons owning interest in business or stockholders of corporation.

A.

Before any license provided for in this article shall be issued by the City Commission, the applicant therefor shall submit a written application for such license, which application shall be in the form to be prescribed by the City Commission and shall State under oath such information as shall be required by the City Commission.

B.

All applicants for licenses under this article, or licensees, other than corporate licensees, shall be required, at the time of making application for a license and at any other time when called upon by the City Commission, to make an affidavit setting forth the names and addresses of all persons owning any interest whatsoever in the business, whether such interest is a working interest or capital interest

C.

All applicants for corporate licenses, or corporate licensees, shall be required, at the time of making application for a license and at any other time when called upon by the City Commission to make an affidavit setting forth the names and addresses of all stockholders.

D.

The failure of any applicant for a license, or licensee, to comply with the terms of subsections B or C of this section, as applicable, shall be cause for cancellation and forfeiture of such license, and no new license for the sale of alcoholic liquors shall be granted to the licensee or, in the case of a corporate licensee, to any stockholder of such corporation, for a period of two (2) years.

(Prior code § 4-10)