The director of the department of environmental management may deny an application for a license, or suspend or revoke a license after it has been granted, or refuse to renew a license for any of the following reasons:
(1) Proof of unfitness of the applicant or licensee to engage in the business;
(2) A material misstatement by the applicant or licensee in his or her application for a license or renewal;
(3) Failure of the applicant or licensee to comply with the provisions of this chapter or with any rule or regulation promulgated pursuant to this chapter;
(4) A history of noncompliance with environmental regulations or standards, or conviction of any environmental crime. This subdivision applies to: the applicant, and officers, major stock holders, or principals of the business for which the application is submitted or to which an existing license has been issued.