State representative office: Revocation of license. The Commissioner, after notice and opportunity for a hearing, may revoke a license to establish and maintain a state representative office if he finds that:
1. The foreign bank has violated any provision of this chapter or any other law or regulation of this state; or
2. Any fact or condition exists which, if it had existed at the time of the foreign bank’s original application for the license, would have been a ground for refusing to issue the license.
Last modified: February 26, 2006