The department may suspend, without prior notice, a licensee's privilege to purchase stamps on a deferred-payment basis or may reduce the monthly dollar amount of purchases the licensee may make under AS 43.50.550 if

1. (1) the licensee fails to pay for stamps when payment is due;
2. (2) the licensee's bond is cancelled or becomes void, impaired, or unenforceable;
3. (3) the department determines that the collection of an amount unpaid or due from the licensee under this chapter is jeopardized; or
4. (4) the licensee violates a state statute or regulation related to the collection of taxes under this chapter.