(a) The commissioner shall revoke or suspend the certificate of authority of a motor club whenever, after a hearing, he finds in accordance with the procedure provided by W.S. 26-2-125 through 26-2-129, that any of the following circumstances exist: (i) The club has violated any provision of this act; (ii) It is insolvent; (iii) Its assets are less than its liabilities; (iv) It or its officers refuse to submit to an examination; (v) It is transacting business fraudulently. (b) The commissioner shall give notice of revocation or suspension to the public in such manner as he deems proper.
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