The agriculture commissioner may suspend or revoke the license of a livestock dealer if:

1. The livestock dealer has violated this chapter;

2. The livestock dealer has violated any of the laws of this state governing the handling, shipment, or transportation of livestock;

3. The livestock dealer has been found guilty of deceit, fraud, dishonesty, forgery, or theft, as a dealer in livestock;

4. The livestock dealer submitted false or misleading information in connection with the application for licensure;

5. The livestock dealer has failed to maintain records that disclose all purchases and sales of livestock, as required by section 4.1-83-12;

6. The livestock dealer has refused the commissioner's request to provide financial records to the commissioner, as required by section 4.1-83-09;

7. The livestock dealer has failed to pay brand inspection fees or veterinary inspection fees, as required by law, within sixty days of the date on which they were due;

8. The livestock dealer is convicted under section 4.1-03-13 of failing to submit beef promotion assessments; or

9. The livestock dealer has failed to pay for livestock purchased in a timely manner and without reasonable cause.