No person shall be granted a license, if he or any of his agents, principals or employees:

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A. has been convicted of a violation of this act N.M. Stat. Ann. § 61-16-3 to 61-16-17 or of Sections 61-16-1 and 61-16-2 N.M. Stat. Ann.;

B. has had a license issued under this act revoked;

C. has held a jewelry auction sale within thirty (30) days prior to the date given in the application for the beginning of the sale sought to be licensed.