(a) Term. A Class I license shall be issued for the year beginning July 1 of each year and ending June 30 of the next succeeding year.
(b) Fees. The annual fee for a Class I license is $2,000. The licensee shall pay a late fee of $50 per day for a failure to renew the license prior to its expiration.
(c) Issuance or denial. A Class I license shall be issued if the applicant has paid all taxes as required by § 11-2-103 and is otherwise in compliance with all provisions of this title and Title 1 of this Article.
(d) Records. Each holder of a Class I distributor's license or the resident agent of the license holder shall keep and maintain in the County complete and accurate records of the kind of amusement devices licensed for operation. The records shall be available for inspection by the Director at reasonable times and on request.
(e) Suspension; revocation. In addition to penalties that may be imposed on the first conviction of the holder of a Class I license or the agent or employee of the holder of a Class I license, the Director may suspend the license for three months. On a second conviction, the Director shall revoke the license.
(f) Obtaining Class E license. A Class I licensee may not apply for a Class E license for a coin- operated amusement device that the licensee does not own or have under the licensee's exclusive control.