(1) If a license is revoked, the division may grant a new license after:
(a) Satisfactory evidence is submitted to the division, evidencing that the conditions upon which revocation was based have been corrected; and
(b) Inspection and compliance with all provisions of this article and applicable rules.
(2) The division may only suspend a license for a period of time which does not exceed the current expiration date of that license.
(3) When a license has been suspended, the division may completely or partially restore the suspended license upon a determination that the:
(a) Conditions upon which the suspension was based have been completely or partially corrected; and
(b) Interests of the public will not be jeopardized by restoration of the license.