The following shall apply to any hearing held pursuant to this Chapter:
(A) Any hearing conducted before the Liquor Control Commissioner shall be open to the public and shall be held at a reasonable time, date and place;
(B) The Liquor Control Commissioner shall have the power to issue subpoenas for witnesses, to place witnesses under oath and to rule on objections, to conduct the hearing in an efficient manner, to dismiss charges to impose fines, suspensions and revocations;
(C) A party to the hearing may present evidence and argument;
(D) The Liquor Control Commissioner may limit, but not prohibit, the presentation of evidence and argument;
(E) The State’s Attorney shall have the burden of proving by a preponderance of the evidence the charges alleged against the licensee;
(F) A licensee may be represented by an attorney licensed to practice law in this State;
(G) The hearing shall be informal and strict rules of evidence shall not apply;
(H) The Liquor Control Commissioner shall reduce all evidence to writing and shall maintain an official record of the proceedings. Such record shall be made by a certified court reporter or certified shorthand reporter;
(I) The Liquor Control Commissioner may grant a continuance for good cause shown;
(J) The Liquor Control Commissioner may issue an ex parte judgment where the licensee has received notice as required under this Chapter and fails to appear at the hearing; and
(K) The Liquor Control Commissioner shall, within five (5) days after such hearing, if it determines after such hearing that the license should be revoked, suspended and/or fined, state the reason or reasons for such determination in a written order of revocation, suspension and/or fine and shall serve a copy of such order within the five (5) days upon the licensee. The findings of the Liquor Control Commissioner shall be predicated upon competent evidence.