Senate
House
Joint
Bill Status
WV Code
Audits/ Reports
Educational
Contact
home
home
WEST VIRGINIA CODE
‹ Back  |  print page Print
WVC 30 - 38 A- 16 §30-38A-16. Disciplinary action.

     The board may deny, revoke or refuse to issue or renew the registration of an appraisal management company or may restrict or limit the activities of an appraisal management company or of a person or firm that owns an interest in or participates in the business of an appraisal management company for the following reasons:

     (1) A person or firm acted as an appraisal management company or performed appraisal management services without being properly registered with the board;

     (2) A person or firm did not perform the duties set out in this article;

     (3) A person or firm engaged in unprofessional conduct as set out in this article;

     (4) A person or firm engaged in a prohibited act set out in this article;

     (5) The application for registration contained false or misleading information;

     (6) A person or firm fraudulently or deceptively obtains or attempts to obtain a registration;

     (7) A person or firm fraudulently or deceptively used a registration;

     (8) A person or firm violated the provisions of this article, this code, or the board's rules;

     (9) A person or firm was found guilty of a felony or pleaded guilty or nolo contendere to a felony;

     (10) Within the past ten years, a person or firm was found guilty of or pleaded guilty or nolo contendere to a misdemeanor involving:

     (A) Mortgage lending;

     (B) Appraisals;

     (C) Breach of trust; or

     (D) Fraudulent or dishonest dealing;

     (11) A person or firm is permanently or temporarily enjoined by a court of competent jurisdiction from engaging in or continuing any conduct or practice involving appraisal management services or operating an appraisal management company;

     (12) A person or firm is the subject of an order of the board or any other jurisdiction's appraisal management company regulatory agency that denied, revoked or restricted a person's or firm's privilege to operate as an appraisal management company;

     (13) A person or firm failed to pay the applicable fees; or

     (14) For any other finding by the board.

Note: WV Code updated with legislation passed through the 2014 1st Special Session
The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.

This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Web Administrator   |   © 2014 West Virginia Legislature ***