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  1. (a) The Arkansas Abstracters’ Board is authorized, after a hearing as provided in § 17-11-341, to cancel and revoke any certificate of registration issued to any person under the provisions of this chapter:

    1. (1) For a violation of any of the provisions of this chapter;

    2. (2) Upon a conviction of the holder of such a certificate of a crime under § 17-3-102; or

    3. (3) If the board finds the holder to be guilty of habitual carelessness or of fraudulent practices in the conduct of the business of abstracting.

  2. (b) The board is authorized, after a hearing as provided in § 17-11-341, to cancel and revoke any certificate of authority issued to any person, firm, or corporation under the provisions of this chapter for:

    1. (1) Failure to furnish the bond or bonds, or other securities, required by § 17-11-324;

    2. (2) Failure to properly maintain an abstract plant;

    3. (3) Failure to have employed a registered abstracter as provided in § 17-11-301; or

    4. (4) Otherwise violating any of the provisions of this chapter.