What action must a dealer take if they face revocation or suspension of their license?

The obligation for a dealer facing revocation or suspension of their license revolves around compliance with ITD regulations. Regulatory bodies set forth specific guidelines that dealers must adhere to in order to maintain their license and operate their business legally. When a dealer faces potential revocation or suspension, they are expected to align with these regulations, which could involve addressing any cited issues, ensuring proper documentation is maintained, and fulfilling any mandated corrective actions.

Remaining in compliance with regulations is vital as it not only shows willingness to rectify the situation but also could influence the decision on whether the license will be reinstated or the revocation will proceed. Other actions, such as immediately reapplying or filing a lawsuit, do not directly address the initial concerns raised by the regulatory authority and may not be a prudent course of action. Continuing operations during this time would also violate the legal stipulations involved in the revocation/suspension process. Hence, compliance is the key responsibility of the dealer in this situation.