1. The commissioner may revoke a license for reasonable cause. Before revoking a license, the commissioner shall grant a hearing in accordance
with the provisions of chapter 28-32 to allow the person to show cause why the license
should not be revoked. Written notice of a hearing must be served on the person at least ten days prior
to the date established for the hearing.
2. Before a new license may be issued to a person who is obligated to remit the tax
imposed by this chapter and whose license was revoked, the person shall pay to the
commissioner the amount of any delinquent tax, penalties, and interest remaining unpaid
and must file with the commissioner a surety bond upon which the person is the principal. The bond must be in an amount determined by the commissioner but not less than one
thousand dollars. The bond must be payable to the commissioner and be conditioned upon the timely
filing of correct tax reports and timely payment of the full amount of the tax due
as required under this chapter. If the person fails to file the required report or to timely pay the full amount
of tax due, the commissioner may require an increase in the amount of the surety bond
conditioned to secure at all times the payment of any tax due to the state under this
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