If a licensee is determined to have violated a provision of §§ 10-50E-8 to 10-50E-10 , inclusive, or a provision of chapter 34-46 , the secretary must assess a penalty according to the following schedule: (1) For a first violation, a fine of five hundred dollars; (2) For a second violation within a thirty-six-month period, a fine of one thousand dollars; (3) For a third violation within a thirty-six-month period, a fine of two thousand dollars, and the secretary shall suspend the license for thirty days; (4) For a fourth violation within a thirty-six-month period, a fine of five thousand five hundred dollars, and the secretary shall revoke the license. Except as otherwise provided in this section, the secretary may, in accordance with chapter 1-26 , revoke or suspend a license issued under this chapter for failure of the licensee to comply with a provision of this chapter or rules promulgated thereunder, or if the licensee is convicted of a felony. A fine assessed under this section is due within thirty days of the department providing notice of the fine to the licensee.
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