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.
Structure Code of Alabama
Title 34 - Professions and Businesses.
Chapter 27A - Real Estate Appraisers.
Article 2 - Real Estate Appraisal Management Companies.
Section 34-27A-50 - Registration Required.
Section 34-27A-51 - Application; Certificate of Registration.
Section 34-27A-52 - Limitations on Ownership and Employment.
Section 34-27A-53 - Principal Contact.
Section 34-27A-54 - Adoption of Rules; Revision of Requirements.
Section 34-27A-55 - Fees; Surety Bond; Renewal of Registration.
Section 34-27A-56 - Registration Numbers.
Section 34-27A-57 - Duties of Appraisal Management Company.
Section 34-27A-58 - Confirmation of Competency; When Payments Due.
Section 34-27A-59 - Removal of Appraiser From Appraiser Panel.
Section 34-27A-60 - Unlawful Influencing of Appraisal.
Section 34-27A-61 - Penalties.
Section 34-27A-62 - Adjudicatory Proceedings for Violations.