Sec. 10. The department may revoke, suspend, or modify a transfer permit if any of the following apply:
(1) A permittee violates the terms of the transfer permit.
(2) A permittee obtained the transfer permit by fraud, misrepresentation, or other malfeasance.
(3) A permittee fails to file a certification of compliance as described in section 8 of this chapter.
(4) The public interest requires revocation, suspension, or modification.