A. A business location shall be considered abandoned upon any of the following:
(1) The business is closed during the posted business hours for a period of more than two weeks without notice to the commission.
(2) The business telephone, as provided on the dealer's license application, is disconnected or no longer in service.
(3) The business sign has been removed.
B. When a business location of a catalytic converter dealer is abandoned, the license of the dealer shall be revoked without a hearing if a request for a hearing on the revocation is not made within five business days following the posting of a notice on the front door of the abandoned business.