Section 462 - Cancellation, revocation, or suspension of dealer's registration(a) The Commissioner may cancel, revoke, or suspend the registration of a dealer under the provisions of this chapter or section 3204, 3305, or 3504 of this title whenever, after the dealer has been afforded the opportunity of a hearing before the Commissioner or upon conviction in any court in any jurisdiction, it appears that the dealer has willfully violated any vehicle or motorboat law of this State or any lawful rule of the Commissioner applying to dealers, or when it appears that the dealer has engaged in fraudulent or unlawful practices related to the purchase, sale, or exchange of vehicles or motorboats. A dealer whose registration has been canceled, revoked, or suspended shall immediately return to the Commissioner the registration certificate and any and all number plates , numbers, or decals furnished to the dealer by the Commissioner, and the privilege to operate, purchase, sell, or exchange vehicles or motorboats under the dealer's number shall cease. An application for a new dealer's registration for that dealer will not be considered until a revocation period has been served.(b) A fee of $30.00 shall be paid to the Commissioner prior to the reinstatement of any dealer's registration that has been suspended for cause.Amended by 2024, No. 85,§ 268, eff. 7/1/2024.Amended 1965, No. 204, § 4; 1987, No. 190 (Adj. Sess.), § 4; 1997, No. 59, § 74, eff. 6/30/1997; 1999, No. 31 , § 6; 2015 , No. 50 , § 2.