(a) Any permit issued pursuant to this act may be revoked for cause and must be revoked for the following causes:

(1) Conviction of the permittee or his or her agent or employee for selling any illegal beverages on the premises permitted;

(2) For making any false material statement in an application for a permit;

(3) If, within a period of two (2) years, there shall have been two (2) convictions for any violation of this act by a permittee, or two (2) convictions of any of his or her clerks, agents, employees, or servants of any violation of this act on the premises permitted;

(4) For transferring, assigning, or hypothecating a permit;

(5) Violating the provisions of § 3-1-103(c) which shall cause a forfeiture of the permit of all parties to the violation;

(6) For selling or agreeing to sell any spirituous, vinous, or malt liquors to a wholesaler, rectifier, or dispensary who is not permitted at the time of the agreement and sale to receive, store, transport, sell, and dispense same under the provisions of this act;

(7) For failure or default of a permittee to pay any license or permit tax or any part thereof or penalties imposed by this act and for a violation of any rule or regulation of the Director of the Department of Finance and Administration or the Director of the Alcoholic Beverage Control Division in pursuance thereof;

(8) If a retail liquor permitee directly or indirectly remunerates any person, firm, or corporation that has a direct or indirect pecuniary, proprietary, or financial interest in the creation, establishment, operation, or contractual branding of another permitted liquor establishment;

(9) If a retail liquor permitee directly or indirectly receives remuneration from any other retail liquor permitee relating to the creation, establishment, operation, or contractual branding of another permitted liquor establishment; or

(10) Except for a holder of a vested permit, if a retail liquor permitee brands the permitted location with the same name or logo as another retail liquor permitee.

(b)

(1) Whenever any person holding a retailer's permit to sell and dispense vinous or spirituous liquors for beverage purposes at retail shall fail to pay any Arkansas gross receipts tax, franchise tax, or the three percent (3%) special alcoholic beverage excise tax within sixty (60) days after the taxes become due, the Director of the Department of Finance and Administration shall notify the Alcoholic Beverage Control Board of that fact and the board shall immediately revoke such permit.

(2) It shall be unlawful for the board or any person to restore or issue a retailer's permit to any person whose permit has been revoked under the provisions of this subsection within two (2) years from the date of the revocation.