The commissioner may cancel, revoke, or suspend any certificate issued under this article on any of the following grounds:

(1) The violation of any of the provisions of this article;

(2) The violation of an order, decision, rule, regulation, or requirement established by the commissioner pursuant to this article;

(3) Failure of a limousine carrier to pay a fee imposed on the carrier within the time required by law or by the commissioner;

(4) Failure of a limousine carrier to maintain required insurance in full force and effect; and

(5) Failure of a limousine carrier to operate and perform reasonable services.