Sec. 26.5. The term "nonalcoholic malt beverage" means a liquid that:
(1) is fit for human consumption;
(2) is reasonably likely or is intended to be used as a beverage;
(3) is produced:
(A) in a manner similar to beer; and
(B) from ingredients similar to beer; and
(4) contains less than one-half percent (0.5%) alcohol by volume.