In all cases of cancellation, suspension, or revocation of drivers’ licenses, the Department of Motor Vehicles shall notify the licensee as prescribed in § 56-1-360 that his license has been canceled, suspended, or revoked, and such licensee shall within ten days after notice of cancellation, suspension, or revocation return his license to the department. Any person wilfully failing to return his license as required by this section may, on conviction thereof, be fined one hundred dollars or imprisoned for thirty days.