533A.7  Revocation or suspension.

1.  The superintendent may revoke or suspend any license issued or applied for under this chapter for the following causes:

a.  Conviction of a felony or of a misdemeanor involving moral turpitude.

b.  For intentionally violating any of the provisions of this chapter.

c.  For fraud or deceit in procuring the issuance of a license or renewal under this chapter.

d.  For indulging in a continuous course of unfair conduct.

e.  For insolvency, bankruptcy, receivership or assignment for the benefit of creditors by a licensee or applicant for a license under this chapter.

2.  The denial, revocation or suspension shall be made only upon specific charges in writing, under oath, filed with the superintendent or by the superintendent whereupon a hearing shall be had as to the reasons for any denial, revocation or suspension and a certified copy of the charges shall be served on the licensee or applicant for license not less than ten days prior to the hearing.

Section History: Early form

  [C71, 73, 75, 77, 79, 81, § 533A.7]

Internal References

  Referred to in § 533A.15


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