Section 19-03.1-18 - Revocation and suspension of registration1. A registration under section 19-03.1-17 to manufacture, distribute, or dispense a controlled substance may be suspended or revoked by the board upon a finding that the registrant: a. Has furnished false or fraudulent material information in any application filed under this chapter;b. Has been convicted of a felony under any state or federal law relating to any controlled substance; orc. Has had the registrant's federal registration suspended or revoked to manufacture, distribute, or dispense controlled substances.2. The board may limit revocation or suspension of a registration to the particular controlled substance with respect to which grounds for revocation or suspension exist.3. If the board suspends or revokes a registration, all controlled substances owned or possessed by the registrant at the time of suspension or the effective date of the revocation order may be placed under seal. No disposition may be made of substances under seal until the time for taking an appeal has elapsed or until all appeals have been concluded unless a court, upon application therefor, orders the sale of perishable substances and the deposit of the proceeds of the sale with the court. Upon a revocation order becoming final, all controlled substances may be forfeited to the state.4. The board shall promptly notify the bureau of all orders suspending or revoking registration and all forfeitures of controlled substances.