A local licensing board may revoke or suspend a license: for any reason to promote the peace or safety of the community in which the premises are located; or for offenses as provided in this article. A local licensing board shall revoke or suspend a license for: conviction of the license holder for violation of this article or a provision of the Tax – General Article that relates to the alcoholic beverage tax; willful failure or refusal of the license holder to comply with: this article or provisions of the Tax – General Article that relate to the alcoholic beverage tax; or a regulation that may be adopted under this article or under provisions of the Tax – General Article that relate to the alcoholic beverage tax; making a material false statement in an application for a license; two or more convictions within 2 years of an agent or employee of a license holder for on–premises violations of this article or provisions of the Tax – General Article that relate to the alcoholic beverage tax; on–premises possession by a retail dealer of an alcoholic beverage on which the tax imposed by § 5–102 of the Tax – General Article has not been paid; violation of § 2–216 or § 2–315 of this article; willful failure of a license holder to: keep the records required under this article or under provisions of the Tax – General Article that relate to the alcoholic beverage tax; or allow inspection of the records by an authorized person; on–premises possession of an alcoholic beverage that a license holder is not licensed to sell; revocation or suspension of a permit issued to a license holder by the federal Alcohol and Tobacco Tax and Trade Bureau or for conviction of violating a federal law relating to alcoholic beverages; failure to furnish bond as required by this article within 15 days after notice from the Comptroller; or violation of § 4–605 of this subtitle.