A dealer’s license shall be revoked if:
(1) Any of the criteria in § 7-2504.04 is not currently met;
(2) The information furnished to the Chief on the application for a dealer’s license proves to be intentionally false;
(3) There is a violation or omission of the duties, obligations, or requirements imposed by § 7-2504.04; or
(4) The license holder no longer meets any of the criteria required by this subchapter.