The HVACR Licensing Board, on its own motion, may make investigations and conduct hearings and, on its own motion or upon complaint in writing signed and verified by the complainant, suspend or revoke any license or registration if it finds that the holder of the license or registrant has:
(1) Made a material misstatement in the application for license or registration or renewal thereof;
(2) Demonstrated incompetency to act as a license holder or registrant according to rules and standards promulgated by the board; or
(3) Violated any provisions of this chapter or any rule or order prescribed by the board.