2013 New York Consolidated Laws
ISC - Insurance
Article 22 - (2201 - 2209) CERTIFICATION OF EMPLOYEES OF INSURERS AND SAVINGS BANKS OFFERING LIFE INSURANCE
2204 - Revocation or suspension.

 
    §  2204.  Revocation or suspension. (a) The superintendent may revoke,
  or may suspend for such period as he may determine, any  certificate  if
  he determines that the person named in the certificate has:
    (1)  violated  any  provision  of,  or  any obligation imposed by this
  chapter or has violated any law in the  course  of  any  activities  for
  which such certificate is required;
    (2)   made  a  material  misstatement  in  the  application  for  such
  certificate;
    (3) been guilty of fraudulent or dishonest practices; or
    (4) demonstrated his incompetency or untrustworthiness.
    (b)  Before  revoking  or  suspending  any   such   certificate,   the
  superintendent  shall  give to the person and the employer of the person
  named in such  certificate  notice  of  hearing  as  specified  in  this
  chapter.