Grounds for the following action regarding a license issued under this chapter shall be in accordance with Section 58-1-401:
(1) refusal to issue a license to an applicant;
(2) refusal to renew the license of a licensee;
(3) to revoke, suspend, restrict, or place on probation the license of a licensee;
(4) to issue a public or private reprimand to a licensee;
(5) to issue cease and desist orders; and
(6) to issue an administrative fine or citation.