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Ind. Code § 25-34.1-11-17

Disciplinary sanctions

Known as the Real Estate Broker Licensing Act

The act spans §§ 25-34.1-10-0.5 to 25-34.1-9-9 (164 sections).

As added by P.L.77-2010, SEC.2.

Sec. 17. (a) An appraisal management company that violates this chapter is subject to disciplinary sanctions under IC 25-1-11-12.

(b) The board may impose a civil penalty of not more than ten thousand dollars ($10,000) for each violation of this chapter.

(c) A civil penalty collected under this section must be deposited in the investigative fund established by IC 25-34.1-8-7.5.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.