(A) When a person fails, neglects, violates, or refuses to comply with a provision of law or regulation administered by the department, the department, in its discretion, may revoke one or more licenses held by the taxpayer within ten days of notification in writing of the taxpayer's failure to comply. The notification may be served by certified mail or personally.
(B) A person whose license has been revoked must not be issued a new license until all outstanding liabilities are satisfied.
(C) The department may review and determine whether a new license may be issued according to guidelines established by it.