The commissioner shall not reinstate the license of or relicense any licensee or former licensee as to whom a license has been suspended, revoked, or extension refused, until:
(1) Any cause for the suspension, revocation, or refusal of such license is no longer existing;
(2) Any fine levied upon the licensee pursuant to section 431:9-238 and section 431:9-240 has been fully paid; and
(3) The commissioner is satisfied that such causes for the suspension, revocation, or refusal of such license will not reoccur in the future.