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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Upon the verified complaint, in writing, of any person concerning a violation by an appraisal management company, other than a federally regulated appraisal management company, of the provisions of sections 20-529 to 20-529c, inclusive, the Department of Consumer Protection may investigate such company. Upon a determination by the commissioner that an appraisal management company has made any materially false, fictitious or fraudulent statement or violated any provision of sections 20-529 to 20-529c, inclusive, the commissioner may deny, refuse to renew, suspend or revoke a certificate of registration issued in accordance with section 20-529 and may impose a civil penalty of not more than twenty-five thousand dollars.
(b) Before denying, refusing to renew, suspending or revoking a certificate of registration or imposing any civil penalty, the commissioner shall give notice and afford an opportunity for hearing in accordance with chapter 54. 1
(c) Any person aggrieved by any decision or order of the commissioner under this section may appeal therefrom in accordance with section 4-183.
Cite this article: FindLaw.com - Connecticut General Statutes Title 20. Professional and Occupational Licensing, Certification, Title Protection and Registration. Examining Boards § 20-529d. Investigations. Penalty. Appeal - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-20-professional-and-occupational-licensing-certification-title-protection-and-registration-examining-boards/ct-gen-st-sect-20-529d/
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