There is: a Class D beer, wine, and liquor (on–sale) 7–day license; and a Class D beer, wine, and liquor (on– and off–sale) 7–day license. The Board may issue a Class D license to a current Class B license holder that applies for the license. The applicant shall surrender to the Board the applicant’s Class B license on the issuance of the Class D license. 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, if an on–sale license; or on– and off–premises consumption, if an on–sale and off–sale license. The Board may determine the number of licenses to be issued. The license may not be issued for use by a drugstore. The Board shall adopt regulations to carry out this section. The annual license fees are: $3,000 for an on–sale license; and $4,000 for an on– and off–sale license.