B. Shall be a resident of the State of Arkansas on the date of the application and maintain such residency within the State as a continuing qualification to hold a permit issued by this agency. Provided, that any hotel or restaurant, as defined in Sections 4.4 and 4.6 of these Regulations, which is owned by a partnership, whether regular or limited, may have a permit issued to a non-partner manager or operator provided that he meets the other qualifications required by this section and the failure of one (1) or more partners to be residents of this state shall not be grounds for denial of the permit; (Adopted 8-20-97) Provided further, the residency requirement pursuant to Section 1.20(5)A. and B. does not apply to a managing agent of a partnership, corporation, or an association that is an applicant if:
(i) the applicant currently holds at least two (2) retail beer permits issued by the Alcoholic Beverage Control Division for the sale of alcoholic beverages; and (ii) the applicant designates with the division a representative who resides within the county of the premises or within thirty-five (35) miles of the address of the premises described in the application.If a retailer chooses to exercise the exemption to the residency requirements pursuant to Section 1.20(5)A. and B., the retailer, after the issuance of the second permit issued to the permitted retailer by the division may:
(i) change the managing agent of each of its permits by completing a form provided by the agency. The managing agent shall be a person of good moral character and a citizen or resident alien of the United States, but shall not be required to meet the other residency requirements of Section 1.20(5) A. and B.; (ii) designate a representative for each permitted premises who resides within the county of the premises or within thirty-five (35) miles of the address of the premises stated on the permit.