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Current as of January 02, 2024 | Updated by Findlaw Staff
In addition to all other powers and authority provided by this chapter or other applicable law, the commission shall have the power to:
(1) Conduct investigations of an AMC to assess potential violations of applicable appraisal-related laws, regulations, or orders;
(2) Discipline, suspend, terminate, or deny renewal of the registration of an AMC that violates applicable appraisal-related laws, regulations, or orders;
(3) Report an AMC's violation of applicable appraisal-related laws, regulations, or orders, as well as disciplinary and enforcement actions and other relevant information about an AMC's operations, to the appraisal subcommittee;
(4) Submit to the appraisal subcommittee any information required to be submitted by the appraisal subcommittee's regulations or guidance concerning AMCs that operate in this state; and
(5) Collect and transmit to the appraisal subcommittee an annual registry fee, in the amount set by the appraisal subcommittee, from state registered AMCs and AMCs operating as subsidiaries of a federally regulated financial institution in this state.
Cite this article: FindLaw.com - Tennessee Code Title 62. Professions, Businesses and Trades § 62-39-427 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-62-professions-businesses-and-trades/tn-code-sect-62-39-427/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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