1689

The Commissioner shall deny, suspend, revoke, or refuse to renew the registration of any sales representative if it is found that, as to sales representatives, any one or more of the following grounds exist:\n(1) Material misstatement, misrepresentation, or fraud in registration.\n(2) Willful use of the registration to circumvent any of the requirements or prohibitions of this chapter.\n(3) Willful misrepresentation or willful deception with regard to any contract, done either in person, or by any form of dissemination of information or advertising.\n(4) Material misrepresentation to a contract holder or other interested party of the terms and coverage of a contract with the intent and for the purpose of effecting settlement of such claim on less favorable terms than those provided in and contemplated by the contract in the adjustment of claims arising out of any contract.\n(5) Demonstrated lack of fitness or trustworthiness to engage in the business of ambulance service contracts.\n(6) Demonstrated lack of adequate knowledge and technical competence to engage in the transactions authorized by the registration.\n(7) Fraudulent or dishonest practices in the conduct of business

.\n(6) Demonstrated lack of adequate knowledge and technical competence to engage in the transactions authorized by the registration.\n(7) Fraudulent or dishonest practices in the conduct of business under the registration.\n(8) Misappropriation, conversion, or unlawful withholding of moneys received in the conduct of the business under registration and belonging to an association, insurer, or contract holder or to others.\n(9) Rebating, or attempting to rebate, or unlawfully dividing or offering to divide his commissions with another.\n(10) Willful failure to comply with, or willful violation of, any proper order, rule or regulation of the Commissioner, or willful violation of any provision of this chapter.\n(11) Being found guilty of, or pleading guilty or nolo contendere to, a felony which involves moral turpitude, without regard to whether a judgment of conviction has been entered.