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The Building Inspector shall have the authority to revoke any license issued pursuant to this chapter based upon any one or a combination of the following:
(A) Incompetence in his or her ability to perform the work for which the person is licensed;
(B) Failure to comply with the applicable ordinances, including adopted Building Codes;
(C) Failure to comply with applicable state laws;
(D) Failure to pay applicable fees; and
(E) Failure to submit or renew bond and/or insurance requirements.