Grounds for denial of license -- Disciplinary proceedings.

Grounds for division action regarding the following are under Section 58-1-401: (1) refusing to issue a license to an applicant or refusing to renew the license of a licensee; (2) revoking, suspending, restricting, or placing on probation the license of a licensee; (3) assessing an administrative penalty; and (4) issuing a public or private reprimand to a licensee or issuing a cease and desist order.