N.Y. Real Property Law § 446-e: Revocation and suspension of licenses

§ 446-e. Revocation and suspension of licenses. 1. Powers of secretary

of state. The secretary may revoke or suspend a license, impose a fine

not to exceed five thousand dollars, order refunds to aggrieved parties,

and issue reprimands, upon a finding that a licensee has violated any of

the provisions of this article, or has made a material misstatement in

his application for such license, or has been found to be engaged in

fraudulent practices, dishonest or misleading advertising, or has

demonstrated untrustworthiness or incompetency to act as an apartment

information vendor.

2. Determination of secretary. In the event that the secretary shall

revoke or suspend any such license, impose a fine or issue a reprimand,

his determination shall be in writing and signed by him. The original

thereof shall be filed in the office of the secretary and copies served

personally or by registered mail upon the licensee, addressed to his

principal place of business. All licenses shall be returned to the

secretary within five days after receipt of notice of revocation or

suspension, or in lieu thereof, the licensee shall make and file an

affidavit in form prescribed by the secretary showing that the failure

to return such license is due either to loss or destruction thereof.

3. The display of a license after revocation or suspension thereof is

a violation of this article.