261. Unless otherwise specifically provided in this code, any
license or registration which is issued pursuant to this code expires
whenever the bond which is required of a licensee or registrant
under this code lapses or is canceled. If, however, the bond is
canceled as a result of the retirement from business of the bonding
company and the director is satisfied that the licensee is solvent,
he may continue the license or registration for a period of not to
exceed 30 days to enable the licensee or registrant to secure a new
bond.
262. Notwithstanding any provision of law, a license, registration,
certificate, permit, exception, or other indicia of authority issued
by the department under any provision of this code is forfeited by
operation of law prior to its expiration date when one of the
following events occurs:
(a) The holder surrenders the indicia to the department.
(b) The holder dies.
(c) The partnership holder dissolves.
(d) The holder of a significant financial interest in a
corporation transfers his or her interest to another person or
entity, regardless of relationship. The secretary shall determine
what constitutes a "significant financial interest" for the purposes
of this subdivision.
263. Notwithstanding any provision of law, the department may deny
an application for, or may condition, suspend, or revoke, any
license, registration, certificate, permit, exception, or other
indicia of authority issued by the department under any provision of
this code upon any of the following grounds:
(a) Violation by the holder or applicant of any section of this
code, or any rule or regulation promulgated under this code, that
expressly applies to the license, registration, certificate, permit,
exception, or other indicia of authority denied, conditioned,
suspended, or revoked.
(b) Violation by a holder's or applicant's agent, employee, or
contractor, or by an organization or entity in which the holder or
applicant holds a significant financial interest, of any section of
this code, or any rule or regulation promulgated under this code,
that expressly applies to the license, registration, certificate,
permit, exception, or other indicia of authority denied, conditioned,
suspended, or revoked, under circumstances in which the licensee
knew or should have known of and failed to take reasonable measures
to prevent, the violation, or failed to report the violation to the
department upon learning of it.
(c) The conviction of the holder or applicant of a crime that
includes as one of its elements the financial victimization of
another.
(d) A false or misleading statement by a holder or applicant that
the holder or applicant knew or should have known to be false or
misleading, directed to any official of any government concerning the
scope of the license, registration, certificate, permit, exception,
or other indicia of authority, the standards under which it was
issued, or the contents of the application for licensure,
registration, certification, the permit, exception, or other indicia
of authority.
(e) The department may also temporarily suspend any license,
registration, certificate, permit, exception, or other indicia of
authority prior to hearing, if the department has prima facie
evidence that the health and safety of persons, growing crops, or
livestock are in imminent danger.
261. Unless otherwise specifically provided in this code, any
license or registration which is issued pursuant to this code expires
whenever the bond which is required of a licensee or registrant
under this code lapses or is canceled. If, however, the bond is
canceled as a result of the retirement from business of the bonding
company and the director is satisfied that the licensee is solvent,
he may continue the license or registration for a period of not to
exceed 30 days to enable the licensee or registrant to secure a new
bond.
262. Notwithstanding any provision of law, a license, registration,
certificate, permit, exception, or other indicia of authority issued
by the department under any provision of this code is forfeited by
operation of law prior to its expiration date when one of the
following events occurs:
(a) The holder surrenders the indicia to the department.
(b) The holder dies.
(c) The partnership holder dissolves.
(d) The holder of a significant financial interest in a
corporation transfers his or her interest to another person or
entity, regardless of relationship. The secretary shall determine
what constitutes a "significant financial interest" for the purposes
of this subdivision.
263. Notwithstanding any provision of law, the department may deny
an application for, or may condition, suspend, or revoke, any
license, registration, certificate, permit, exception, or other
indicia of authority issued by the department under any provision of
this code upon any of the following grounds:
(a) Violation by the holder or applicant of any section of this
code, or any rule or regulation promulgated under this code, that
expressly applies to the license, registration, certificate, permit,
exception, or other indicia of authority denied, conditioned,
suspended, or revoked.
(b) Violation by a holder's or applicant's agent, employee, or
contractor, or by an organization or entity in which the holder or
applicant holds a significant financial interest, of any section of
this code, or any rule or regulation promulgated under this code,
that expressly applies to the license, registration, certificate,
permit, exception, or other indicia of authority denied, conditioned,
suspended, or revoked, under circumstances in which the licensee
knew or should have known of and failed to take reasonable measures
to prevent, the violation, or failed to report the violation to the
department upon learning of it.
(c) The conviction of the holder or applicant of a crime that
includes as one of its elements the financial victimization of
another.
(d) A false or misleading statement by a holder or applicant that
the holder or applicant knew or should have known to be false or
misleading, directed to any official of any government concerning the
scope of the license, registration, certificate, permit, exception,
or other indicia of authority, the standards under which it was
issued, or the contents of the application for licensure,
registration, certification, the permit, exception, or other indicia
of authority.
(e) The department may also temporarily suspend any license,
registration, certificate, permit, exception, or other indicia of
authority prior to hearing, if the department has prima facie
evidence that the health and safety of persons, growing crops, or
livestock are in imminent danger.
261. Unless otherwise specifically provided in this code, any
license or registration which is issued pursuant to this code expires
whenever the bond which is required of a licensee or registrant
under this code lapses or is canceled. If, however, the bond is
canceled as a result of the retirement from business of the bonding
company and the director is satisfied that the licensee is solvent,
he may continue the license or registration for a period of not to
exceed 30 days to enable the licensee or registrant to secure a new
bond.
262. Notwithstanding any provision of law, a license, registration,
certificate, permit, exception, or other indicia of authority issued
by the department under any provision of this code is forfeited by
operation of law prior to its expiration date when one of the
following events occurs:
(a) The holder surrenders the indicia to the department.
(b) The holder dies.
(c) The partnership holder dissolves.
(d) The holder of a significant financial interest in a
corporation transfers his or her interest to another person or
entity, regardless of relationship. The secretary shall determine
what constitutes a "significant financial interest" for the purposes
of this subdivision.
263. Notwithstanding any provision of law, the department may deny
an application for, or may condition, suspend, or revoke, any
license, registration, certificate, permit, exception, or other
indicia of authority issued by the department under any provision of
this code upon any of the following grounds:
(a) Violation by the holder or applicant of any section of this
code, or any rule or regulation promulgated under this code, that
expressly applies to the license, registration, certificate, permit,
exception, or other indicia of authority denied, conditioned,
suspended, or revoked.
(b) Violation by a holder's or applicant's agent, employee, or
contractor, or by an organization or entity in which the holder or
applicant holds a significant financial interest, of any section of
this code, or any rule or regulation promulgated under this code,
that expressly applies to the license, registration, certificate,
permit, exception, or other indicia of authority denied, conditioned,
suspended, or revoked, under circumstances in which the licensee
knew or should have known of and failed to take reasonable measures
to prevent, the violation, or failed to report the violation to the
department upon learning of it.
(c) The conviction of the holder or applicant of a crime that
includes as one of its elements the financial victimization of
another.
(d) A false or misleading statement by a holder or applicant that
the holder or applicant knew or should have known to be false or
misleading, directed to any official of any government concerning the
scope of the license, registration, certificate, permit, exception,
or other indicia of authority, the standards under which it was
issued, or the contents of the application for licensure,
registration, certification, the permit, exception, or other indicia
of authority.
(e) The department may also temporarily suspend any license,
registration, certificate, permit, exception, or other indicia of
authority prior to hearing, if the department has prima facie
evidence that the health and safety of persons, growing crops, or
livestock are in imminent danger.
