Colorado Revised Statutes Title 44. Activities Regulated by the Department of Revenue § 44-32-802. Cancellation of license

In case of a willful violation of this article 32 by a person holding a license, the commission, upon conviction of the offender, may cancel the offender's license, and the cancellation shall operate as a forfeiture of all rights and privileges granted by the commission and of all sums of money paid to the department through the division by the offender, and the action of the commission in this respect shall be final.