(b) The Board shall issue the license for use by a local unit of a nationwide nonprofit organization or club that:

(1) is composed only of members who served in the armed forces of the United States in a war in which the United States has been engaged;

(2) has a charter from a national veterans’ organization that was granted before the application for the license was made;

(3) has a bona fide membership of at least 100 individuals and dues of at least $5 per year per individual; and

(4) operates for its members and meets in a clubhouse principally used for its members.

(c) The license authorizes the license holder to sell beer, wine, and liquor at retail at the place described in the license for on-premises consumption.

(d) The license holder may sell beer, wine, and liquor during the hours and days as set out for a Class C beer, wine, and liquor license under § 11-2004 of this title.

(e) The annual license fee is $400.