05- 071 C.M.R. ch. 147, § 7
The Commissioner may deny an initial or renewal application for a license if the standards set forth in sections 3, 4 and 6 are not met. The licensee shall also comply with these standards on a continuing basis during the term of the annual license. The licensee's failure to at all times comply with these standards shall constitute grounds for suspension or revocation of the license. In addition, an application may be denied and an existing license may be revoked or suspended if for financial or other reasons it appears unlikely that the applicant or licensee will be able to deliver instruction as described in its catalogs, promotional materials, circulars, enrollment or application blanks and contract forms.
(Note: The issuance, renewal, nonrenewal, suspension and revocation of licenses are addressed in 4 M.R.S.A §1151 et seq. and 5 M.R.S.A. §8001 et seq.)
05- 071 C.M.R. ch. 147, § 7