2006 New York Code - Suspension And Revocation Of License.

 
    § 20-369 Suspension and revocation of license. a. The commissioner may
  suspend  or  revoke a license for conduct of the licensee, its officers,
  principals,  directors,  agents  or  employees  or  in  a  closely  held
  corporation,  stockholdersthat  would constitute grounds for denying the
  issuance of renewal of a license pursuant  to  section  20-361  of  this
  code.
    (b)   Upon   application   to   the  commissioner  and  prior  to  the
  reinstatement or reissuance of  a  suspended  or  revoked  license,  the
  licensee,  with  the commissioner's approval, shall, upon payment of the
  fee as specified in section 20-362 of this code, be permitted to operate
  for six months on a probationary license. At the end of such  six  month
  period,   the  license  shall  be  reinstated  or  reissued  unless  the
  commissioner  finds  that  the  licensee,  its   officers,   principals,
  directors,  agents  or  employees  or,  in  a  closely held corporation,
  stockholders, have engaged in conduct that would constitute grounds  for
  denying  the issuance or renewal of a license pursuant to section 20-361
  of this code. Upon a finding of such conduct  the  probationary  license
  shall be revoked and shall not be reissued for a period of one year.