Sec.20-529e-15. Penalty, Civil Penalty

(a) Upon the verified complaint, in writing, of any person concerning a violation by an appraisal management company of the provisions of sections 20-529 to 20-529c, inclusive, of the Connecticut General Statutes, or sections 20-529e-1 through 20-529e-17, inclusive, of the Regulations of Connecticut Agencies the department may investigate such company.

(b) Upon a determination by the department that an appraisal management company violated any provision of sections 20-529 through 20-529c, inclusive, of the Connecticut General Statutes, or sections 20-529e-1 through 20-529e-17, inclusive, of the Regulations of Connecticut State Agencies the department may impose the penalty prescribed in section 20-529d of the Connecticut General Statutes.

(c) Before denying, refusing to renew, suspending or revoking a certificate of registration, or imposing any civil penalty, the department shall give notice and afford an opportunity for a hearing in accordance with chapter 54 of the Connecticut General Statutes and any applicable regulations.

(Effective November 10, 2015)