The tobacco retailer license shall be valid for one calendar year from the date of issue and shall be nontransferable and nonassignable. A separate license shall be required for each separate location at which a retailer may establish a place of business or retail outlet, and the retailer must provide a bond in an amount set by the Tax Commission. No license shall be issued unless the retailer submits satisfactory evidence that the licensed location contains a retail sales building with four walls, a ceiling, floor, public entrance, and sufficient space for inventory, as determined by the Tax Commission. The license shall be conspicuously posted in a public area in each such place of business or retail outlet. A license fee of Two Hundred Dollars ($200.00) shall be paid for each new license, and One Hundred Dollars ($100.00) for each renewal license issued. However, no license shall be issued or renewed unless and until all taxes are current. Any new license not used within sixty (60) days of issuance shall be deemed expired and the application fee forfeited. ONCA 06-10, eff. Sept. 29, 2006; ONCA 23-52, eff. Apr. 24, 2023.