After notice and opportunity for hearing, as provided for under RSA 541-A, the executive director may revoke or suspend any license issued pursuant to this chapter if the licensee: I. Violates this chapter or any rule or order adopted or issued under it; II. Knowingly makes any false statement regarding the application or license or in any report the executive director requires to be made; III. Fails to respond to any lawful inquiry of the executive director; or IV. Is convicted of any crime involving violence inflicted on a person or threatened against a person, or any sexually-related crime or a crime involving moral turpitude. [Paragraph V effective until July 1, 2027; see also paragraph V set out below.] V. [Repealed.] [Paragraph V effective July 1, 2027; see also paragraph V set out above.] V. Has engaged in illegal activity, including but not limited to prostitution or human trafficking.