New York Statutes

§ 424 — Grounds for denial, suspension or revocation of license; procedure

New York·Law GBS General Business·Art. 27-A Licensing of Coin Processors

§ 424. Grounds for denial, suspension or revocation of license;\nprocedure.

1.The secretary shall have the power to suspend or revoke a\nlicense or, in lieu thereof, to impose a fine not exceeding one thousand\ndollars payable to the department, or reprimand any licensee or deny an\napplication for a license or renewal thereof upon proof:\n a. that the applicant or licensee has violated any of the provisions\nof this article or the rules and regulations promulgated hereunder;\n b. that the applicant or licensee has practiced fraud, deceit or\nmisrepresentation;\n c. that the applicant or licensee has made a material misstatement in\nthe application for or renewal of his or her license; or\n d. that the applicant or licensee has demonstrated incompetence or\nuntrustworthiness in his

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