(a) The State Board of Licensure for Professional Engineers and Professional Surveyors may take disciplinary action to the fullest extent permitted by law against any licensee who is convicted of a felony listed under Arkansas Code § 17-3-102 or whom the board finds guilty of any of the following:

1. (1) Fraud or deceit in obtaining a certificate of licensure or authorization;
2. (2) Any gross negligence, incompetence or misconduct in the practice of engineering as a professional engineer or surveying as a professional surveyor;
3. (3) Any violation of the Rules of Professional Conduct and/or rules of the board;
4. (4) Violations of the Arkansas Standards of Practice No. 1 for Property Boundary Surveys and Plats in force at the time of the survey; and
5. (5) Practicing engineering or surveying with an invalid or expired license.