The administrator of the division of motor vehicles may deny an application for a license or suspend or revoke a license after it has been granted for any of the following reasons:

(1)  A material misstatement by the applicant in his or her application for a license or the concealing of a material fact in connection with it.

(2)  The applicant or any partner, officer, director, or stockholder in the school had previously held a drivers’ school license or was a partner, officer, director, or stockholder in a school which held a drivers’ school license, and that license was revoked or suspended by the administrator of the division of motor vehicles.

(3)  The applicant or any partner, officer, director, stockholder, or employee in the school was convicted of any felony or misdemeanor.

(4)  The applicant fails to furnish satisfactory evidence of good character, reputation, and fitness.

(5)  Any willful failure to comply with the provisions of this chapter or with any rule or regulation promulgated by the administrator of the division of motor vehicles establishing instructional standards and procedures.

(6)  Any conduct or representation by the applicant or any partner, officer, director, stockholder, or employee in the school tending to give the impression that a license to operate a motor vehicle or motorcycle or any other license or registration granted by the division of motor vehicles may be obtained by any means other than the means prescribed by law or tending to induce any person to resort to fraudulent representation, circumvention, concealment, or subterfuge in order to secure a license to drive a motor vehicle or motorcycle.

(7)  Knowingly employing as an instructor a person who has been convicted of a felony or misdemeanor.

(8)  Failure to furnish with the first application a copy of, or thereafter to maintain in force, a standard liability insurance policy approved by the administrator of the division of motor vehicles in the amount of ten thousand dollars ($10,000) for personal injury to or death of any one person, twenty thousand dollars ($20,000) for personal injury to or death of any number of persons involved in any one accident, and five thousand dollars ($5,000) for property damage in any one accident, suffered or caused by reason of the negligence of the applicant or licensee or his or her agent or employee.

(9)  The applicant does not hold a currently effective certificate issued by a college or school whose course in basic driver education is approved by the state board of education, manifesting the satisfactory completion of that course.