172A.12 - REVOCATION OF LICENSE.
172A.12 REVOCATION OF LICENSE.
1. The secretary shall have the authority to revoke the license
of a dealer or broker or agent upon notice and hearing if any of the
following conditions exist:
a. Grounds exist for the temporary suspension of the license
without hearing, and it is established that the person is or will be
unable to meet obligations to producers of livestock when due.
b. The person has refused access to the secretary to the
books and records of the person as required by this chapter.
c. Any other conditions exist which in the opinion of the
secretary reasonably establish that it would be financially
detrimental to livestock producers of this state to permit the person
to engage in licensed activities in this state.
2. An order of revocation shall be effective upon the issuance of
the order of revocation, and until the order is rescinded by the
secretary, or until the decision of the secretary is reversed by a
final order of a court of this state. Section History: Early Form
[C77, 79, 81, § 172A.12]