Shipping. Part515:Licensing, financial responsibility requirements, and general duties for ocean transportation intermediaries. Section515.16:Revocation or suspension of license.
(a) Grounds for revocation. Except for the automatic revocation for termination of proof of financial responsibility under § 515.26, or as provided in § 515.25(b), a license may be revoked or suspended after notice and an opportunity for a hearing for any of the following reasons: