(a) The State Board of Appraisers, Abstracters, and Home Inspectors is authorized, after a hearing as provided in Arkansas Code § 17-11-341, to cancel and revoke any certificate of registration issued to any person:

1. (1) For a violation of any of the provisions of Arkansas Code § 17-11-101 et seq.;
2. (2) Upon a conviction of the holder of such a certificate of a crime under Arkansas Code § 17-3-102; or
3. (3) If the board finds the holder to be guilty of habitual carelessness or of fraudulent practices in the conduct of the business of abstracting.

(b) The board is authorized, after a hearing as provided in Arkansas Code § 17-11-341, to cancel and revoke any certificate of authority issued to any person, firm, or corporation for:

1. (1) Failure to furnish the bond or bonds, or other securities, required by Arkansas Code § 17-11-324;
2. (2) Failure to properly maintain an abstract plant;
3. (3) Failure to have employed a registered abstracter as provided in Arkansas Code § 17-11-301; or
4. (4) Otherwise violating any of the provisions of Arkansas Code § 17-11-101 et seq.