(a) The department or commission may revoke, suspend or refuse to issue or renew any certificate of registration as a community association manager or community association manager trainee, place conditions upon such registrations or issue a civil penalty of up to one thousand dollars per violation for: (1) Making any material misrepresentation; (2) making any false promise of a character likely to influence, persuade or induce; (3) failing, within a reasonable time, to account for or remit any moneys coming into his possession which belong to others; (4) conviction in a court of competent jurisdiction of this or any other state of forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud, or other like offense or offenses, provided suspension or revocation under this subdivision shall be subject to the provisions of § 46a-80; (5) commingling funds of others in an escrow or trustee account; (6) commingling funds of different associations; (7) any act or conduct which constitutes dishonest, fraudulent or improper dealings; (8) a knowing and material violation of any provision of chapter 825 or 828; or (9) a violation of any provision of sections 20-450 to 20-462, inclusive, including, but not limited to, failure to comply with the educational requirements prescribed in § 20-453, or any regulation adopted under § 20-461.

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(b) The department or commission shall not revoke or suspend any certificate of registration except upon notice and hearing in accordance with chapter 54.