Section 3-7-114 - Wholesalers and retailers - Obtaining liquor illegally - Nonpayment of taxes(a) Failure of any wholesaler or retailer to obtain spirituous liquors from sources approved by the state for sale or to pay all taxes due on such liquors shall result in revocation of any alcoholic beverage permit held by the licensee.(b) Further, such action shall be deemed to constitute fraud and shall be punishable as such.Acts 1975, No. 447, § 4; A.S.A. 1947, § 48-439.