(a) The Commissioner may cancel, revoke, or suspend the registration of a dealer under the provisions of this chapter or section 3204, 3305, or 3504 of this title, whenever, after the dealer has been afforded the opportunity of a hearing before the Commissioner or upon conviction in any court in any jurisdiction, it appears that the dealer has willfully violated any vehicle or motorboat law of this State or any lawful regulation of the Commissioner, applying to dealers, or when it appears that the dealer has engaged in fraudulent or unlawful practices related to the purchase, sale, or exchange of vehicles or motorboats. A dealer whose registration has been canceled, revoked, or suspended shall forthwith return to the Commissioner the registration certificate and any and all number plates or numbers or decals furnished him or her by the Commissioner, and the privilege to operate, purchase, sell, or exchange vehicles or motorboats under his or her dealer's number shall cease. An application for a new dealer's registration for that dealer will not be considered until a revocation period has been served.

(b) A fee of $30.00 shall be paid to the Commissioner prior to the reinstatement of any dealer's registration that has been suspended for cause. (Amended 1965, No. 204, § 4; 1987, No. 190 (Adj. Sess.), § 4; 1997, No. 59, § 74, eff. June 30, 1997; 1999, No. 31, § 6; 2015, No. 50, § 2.)