The commissioner may refuse to issue, or may suspend or revoke a license issued, for any of the following reasons:
- 1. Fraud in applying for or obtaining a license.
- 2. Violation of any of the provisions of this chapter.
- 3. If a licensee or employee of a licensee has been adjudged guilty of a crime involving moral turpitude, a felony, or an aggravated misdemeanor.
- 4. If a licensee willfully divulges to an unauthorized person information obtained by the licensee in the course of the licensed business.
- 5. Upon the disqualification or insolvency of the surety on the licensee’s bond, unless the licensee files a new bond with sufficient surety within fifteen days of the receipt of notice from the commissioner.
- 6. If the applicant for a license or licensee or employee of a licensee fails to meet or retain any of the other qualifications provided in section 80A.4.
- 7. If the applicant for a license or licensee knowingly makes a false statement or knowingly conceals a material fact or otherwise commits perjury in an original application or a renewal application.
- 8. Willful failure or refusal to render to a client services contracted for and for which compensation has been paid or tendered in accordance with the contract.
84 Acts, ch 1235, §12; 85 Acts, ch 56, §4; 85 Acts, ch 67, §9