Any license granted or issued under the pro-visions of this division may be revoked or suspended at any time for a material false statement contained in the application for the license granted or issued, or in any affidavit or statement required to be filed under the provisions of this division. Any person or company transacting or carrying on any business during any period of license revocation or suspension shall be subject to the penalties under § 5.12.010. The procedure for such revocation or suspension is covered in § 5.16.020.
('61 Code, § 13.26) (Ord. 402, passed - - )