A. The Secretary of State may deny, refuse to renew, or revoke a commission as a notary public for a:
1. Conviction of any felony;
2. Failure to meet the qualifications and application requirements set forth in Sections 1 and 1.1 of this title;
3. Failure to comply with the requirements set forth in Section 2 of this title; or 4. Failure to comply in good faith with the requirements set forth in Section 113 of this title. B. Upon receipt of a final judgment from a district court in this state or its equivalent in a foreign jurisdiction against a notary public in this state for performing a false or fraudulent notarial act, the Secretary of State shall revoke the appointment of the notary public.