137-600.05 - Disciplinary Action for Appraisal Management Companies

137-600.05. Disciplinary Action for Appraisal Management Companies

The Board may, upon its own motion, and shall, upon the written complaint of any aggrieved person, investigate the activities of a company registered under this chapter and regulations and may deny, suspend, revoke, or otherwise restrict a registration and/or impose a public or private reprimand, other discipline, and/or fine not to exceed ten thousand dollars for an initial violation and not to exceed twenty thousand dollars for subsequent violations and may require payment of investigative costs.

(Replaced and amended by State Register Volume 42, Issue No. 05, eff. May 25, 2018.)

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