(a) Before an application for a transfer of a license is granted, the Board shall:
(1) schedule a public hearing; and
(2) cause the posting of a suitable notice of the hearing in a conspicuous place on the premises described in the application.
(b) The notice required under subsection (a) of this section shall:
(1) specify the class of license subject to the application and the time, date, and place for the hearing; and
(2) remain posted for at least 30 days before the hearing.