When the Board of Investigators determines that the public interest so requires, it shall revoke or suspend the license of any junk dealer or itinerant junk dealer when it finds, after due investigation, that:
(a) The junk dealer or any agent or officer of such dealer who takes part in the operation of the licensed business, or the itinerant junk dealer, is not of good character or reputation or is not capable of operating the licensed business or carrying on the licensed activity in a manner consistent with public health, safety and good morals.
(b) The junk dealer has failed to comply with this chapter or with any provision of law applicable to the premises, equipment or licensed operations.
(c) The licensee has obtained his or her license through any fraud or misstatement.
(d) The licensed business or activity is being conducted in a manner detrimental to the health, safety or general welfare of the public, or is a nuisance, or is being operated or carried on in any unlawful manner.
(e) The licensed business or activity is no longer being operated or carried on.
(1974 Code § 7.332)