§ 423. Cancellation of registration of distributors. The registration of any distributor may be cancelled by the commissioner upon its failure to file a bond or other security when required, and the registration of a distributor may be cancelled by the commissioner upon its failure to comply with any of the provisions of this article or any reasonable requirement, rule or regulation adopted pursuant to this article by the department of taxation and finance or by the commissioner. All the provisions of subdivisions four through six and eight through ten of section two hundred eighty-three of this chapter relating to registration of distributors of motor fuel shall be applicable to the registration of distributors under this article with the same force and effect as if the language of those subdivisions had been incorporated in full in this section and had expressly referred to the registration of distributors under this article and the tax imposed by this article, with such modification as may be necessary in order to adapt the language of such provisions to the provisions of this article, provided, specifically, that the term "motor fuel" shall be read as "alcoholic beverages". Provided, however, a registration shall be cancelled immediately, upon cancellation or revocation for cause of a license under the alcoholic beverage control law. A distributor shall immediately inform the department in writing of any change in its name or address, and a corporate distributor shall immediately inform the department, in writing, of any change in its name, or in its officers or directors, or their residence addresses.