388 - Suspension and revocation of registrations.

§  388.  Suspension  and revocation of registrations. The secretary of  state shall have the power to revoke or suspend any registration or deny  any registration upon proof (a) that the  applicant  or  registrant  has  violated  any  of  the  provisions  of  this  article  or  the rules and  regulations promulgated hereunder; (b) that the applicant or  registrant  has  practiced  fraud,  deceit  or  misrepresentation;  or  (c) that the  applicant or registrant has made a false  statement  in  the  notice  of  registration.