AUTHORIZED ACTIVITIES.

The holder of a wine and malt beverage retailer's permit may sell: (1) for consumption on or off the premises where sold, but not for resale, wine and malt beverages containing alcohol in excess of one-half of one percent by volume and not more than 17 percent by volume; and (2) for consumption on the premises, the following beverages containing alcohol in excess of one-half of one percent by volume and not more than 24 percent by volume: (A) traditional port or sherry; (B) dessert-flavored wine; or (C) rice wine.