§6182. Suspension or revocation of registration
1.
Suspension or revocation.
After notice and hearing, the administrator may suspend or revoke a debt management service provider's registration if the administrator finds that one of the conditions of subsection 2 is met.
[PL 1999, c. 560, §3 (NEW).]
2.
Conditions for suspension or revocation.
The following conditions are grounds for suspension or revocation of a registration:
A.
A fact or condition exists that, if it had existed at the time when the registrant applied for registration, would have been grounds for denying the application;
[PL 1999, c. 560, §3 (NEW).]
B.
The registrant knowingly violates a material provision of this chapter or rule or order validly adopted by the administrator under authority of this chapter;
[PL 1999, c. 560, §3 (NEW).]
C.
The registrant is insolvent;
[PL 1999, c. 560, §3 (NEW).]
D.
The registrant refuses to permit the administrator to make an examination authorized by this chapter; or
[PL 1999, c. 560, §3 (NEW).]
E.
The registrant fails to respond within a reasonable time and in an appropriate manner to communications from the administrator.
[PL 1999, c. 560, §3 (NEW).]
[PL 1999, c. 560, §3 (NEW).]
SECTION HISTORY
PL 1999, c. 560, §3 (NEW).