A. 
Any license issued hereunder may be suspended or revoked for a period to be determined by the licensing officer, if he or she finds that:
(1) 
The licensee made any misrepresentation or false statement in his or her application for the license;
(2) 
The licensee has violated any of the provisions of this chapter;
(3) 
The licensee has been convicted of any crime involving larceny, fraud, possession or sale of stolen property; or
(4) 
The licensee is conducting the activity as a dealer in secondhand merchandise in an unlawful manner or in such a manner as to constitute a breach of the peace or a menace to the health, safety or general welfare of the public.
B. 
Except as provided in Subsection C of this section, a license hereunder shall not be suspended or revoked by the licensing officer without a hearing having been held thereupon not less than two business days after written notice thereof shall have been given to the licensee, either in person or by registered or certified mail.
C. 
The licensing officer, upon receiving information giving him or her reasonable cause to believe that the holder of any license issued hereunder has committed any acts specified by Subsection A(1), (2) or (3), may temporarily suspend forthwith such license until such time as a hearing is held by the licensing officer as provided in Subsection B and the licensing officer shall have rendered his or her determination thereon.