Whenever any retailer or vendor not maintaining a place of business in the state, or both within and without the state, and authorized to collect the tax herein levied, fails to comply with any of the provisions of this chapter or the Oklahoma use tax code or any order, rules or regulations of the tax commission, the tax commission may, upon notice and hearing as provided for in 68 Oklahoma Statutes section 1408, by order, revoke the use tax permit, if any, issued to such retailer or vendor, and if any such retailer or vendor is a corporation authorized to do business in the state may, after notice and hearing above provided, cancel said corporation's license to do business in the state and shall issue a new license only when such corporation has complied with the obligations under this chapter, the Oklahoma use tax code, or any order, rule or regulation of the tax commission. (1992 Code § 7-410)