(1) The Director of the Department of Consumer and Business Services may revoke any license under this chapter upon 10 days’ notice to the licensee stating the contemplated action and in general the grounds therefor and upon reasonable opportunity for a hearing in connection therewith, if the director finds that:
(a) The licensee has failed to pay the annual license fee or to comply with any demand, ruling or requirement of the director made pursuant to this chapter or to comply with the provisions of law to keep the corporation in good standing if such licensee is a corporation;
(b) The licensee has violated any provisions of this chapter or any rule made by the director under the authority of this chapter; or
(c) Any fact or condition exists which, if it had existed at the time of the original application for such license, clearly would have warranted the director in refusing originally to issue the license.
(2) The director, without notice or hearing, may suspend any license for a period not exceeding 30 days, pending investigation.
(3) The director may revoke or suspend only the particular license with respect to which grounds for revocation or suspension may occur or exist, or, if the director finds that such grounds for revocation or suspension are of general application to all offices or to more than one office operated by a licensee, the director may revoke or suspend all the licenses or such number of licenses issued to the licensee as the grounds for revocation or suspension apply to, as the case may be. [Amended by 1955 c.71 §10; 1985 c.762 §123]
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