---
kind: "section"
citation: "27 C.F.R. § 771.42"
title: "27"
number: "771.42"
heading: "Grounds for revocation of licenses or permits."
url: "https://uscodex.org/cfr/27/771.42"
---

# §771.42. Grounds for revocation of licenses or permits.


Whenever the Director of Industry Operations has reason to believe that any holder of a license or permit has willfully violated any provision of 18 U.S.C. chapter [40](/cfr/27/ch40.md) or [27](/cfr/27/ch27.md) CFR [part 555](/cfr/27/part555.md) or has become ineligible to continue operations authorized under the license or permit, the Director of Industry Operations shall issue a notice for the revocation of such license or permit, as the case may be.


## Notes

### Authority

Authority: 18 U.S.C. 843, 847.

### Source

Source: 84 FR 64744, Nov. 25, 2019, unless otherwise noted.