6-10-07. Revocation of license.
100 words·~1 min read·
/nd/title-06/chapter-6-10-agents-for-deposits/6-10-07·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event of the failure of any person, partnership, association, corporation, or limited liability company to comply with the provisions of this chapter or the regulations promulgated by the commissioner as herein provided, the commissioner, after fifteen days' notice in writing, may revoke such license. Such applicant, upon demand in writing served upon the commissioner, within ten days after the receipt of such notice as above provided, is entitled to a hearing with respect to such violation. The notice of revocation must specify the violations of law or regulations which constitute the grounds for such charges against such licensee.