The Commissioner of Public Health shall refuse to issue a license to, or if issued shall suspend or revoke the license of, a hospital if the commissioner finds, after a hearing and opportunity to be heard, that:
(1) There was a transaction described in section 19a-486a that occurred without the approval of the Commissioner of Health Strategy, if such approval was required by sections 19a-486 to 19a-486h , inclusive;
(2) There was a transaction described in section 19a-486a without the approval of the Attorney General, if such approval was required by sections 19a-486 to 19a-486h , inclusive, and the Attorney General certifies to the Commissioner of Health Strategy that such transaction involved a material amount of the nonprofit hospital's assets or operations or a change in control of operations; or
(3) The hospital is not complying with the terms of an agreement approved by the Attorney General and Commissioner of Health Strategy pursuant to sections 19a-486 to 19a-486h , inclusive.