(a) A microbrewery-restaurant private club applicant shall be an entity organized and existing or authorized to do business under the laws of this state before applying for a microbrewery-restaurant private club permit as prescribed in this subchapter.
(b) At the time of application for a microbrewery-restaurant private club permit, the entity shall own or lease, be the holder of a buy-sell agreement or offer and acceptance, or have an option to lease a building, property, or space for the reasonable comfort and accommodation of its guests.
(c) If the entity holding a microbrewery-restaurant private club permit additionally holds another alcoholic beverage permit, the hours of operation authorized for the microbrewery-restaurant private club apply to all permits of the entity.