(a) A holder of a license with an on–sale privilege shall:
(1) keep complete and accurate books of account of daily receipts and expenditures in the form that the Board requires; and
(2) procure vouchers or purchase slips for all alcoholic beverages, food, and other items bought for sale.
(b) An on–sale license holder shall keep the records required under subsection (a) of this section open to inspection by the Board or a designee of the Board.
(c) (1) If a report required by this section or an investigation by the Board, a Board officer, or any other person indicates that a holder of a license with an on–sale privilege is violating this title, the Board shall summon the license holder and conduct a hearing.
(2) If the charges at the hearing are sustained, the Board shall revoke the license holder’s license immediately.