Revocation or Suspension of License

11 GCA § 109119 — under Foreign Exchange.

11 GCA § 109119

The Commissioner may revoke or suspend any license issued pursuant to this Article, if, after a hearing held pursuant to the Administrative Adjudication Act, he finds that: (a) The licensee has violated any provision of this Article or any rule or regulations adopted by the Commissioner; or (b) Any fact or condition exists which, if it had existed at the time of the original application for such license, would be grounds for denying an application for a license under § 109105; or (c) The licensee is conducting its business in an unsafe manner; or (d) The licensee has failed to obey a final order issued by the Commissioner. SOURCE: GC §30968.