The board may censure, conditionally or unconditionally suspend registration, revoke registration, levy fines, or impose civil penalties not exceeding twenty-five
thousand dollars ($25,000) against any appraisal management company that the board determines is attempting to or has performed any of the following: (1) An act in violation of this article. (2) A violation of any rule adopted by the board in the interest of the public and consistent with this article. (3) The procurement of registration through fraud, misrepresentation, or deceit.
History: (Act 2011-701, p. 2161, §3.)