§ 33-39-224 — Disciplinary proceedings

(a) The board shall upon a written sworn complaint or may
upon its own motion investigate the actions of any appraisal
management company and may impose an administrative fine not to
exceed two thousand five hundred dollars ($2,500.00) for each
separate violation, censure the company, place the company on
probation and set the terms of the probation, deny, suspend or
revoke any registration issued under this article for any of the
following:
(i) Procuring, or attempting to procure, a
registration pursuant to this chapter by knowingly making a
false statement, submitting false information, refusing to
provide complete information in response to a question in an
application for a registration or through any form of fraud or
misrepresentation;
(ii) Being convicted of a felony, but this discipline
shall be limited to probation, suspension or revocation of a
registration;
(iii) Making any substantial misrepresentation, false
promises or false or fraudulent representation;
(iv) Violating any provision of this chapter or rule
or regulation of the board;
(v) Being negligent or incompetent, as defined in the
Uniform Standards of Professional Appraisal Practice, in
reviewing an appraisal, in preparing an appraisal report or in
communicating an appraisal report.
(b) Upon receipt from the department of family services of
a certified copy of an order from a court to withhold, suspend
or otherwise restrict a registration issued by the board, the
board shall notify the party named in the court order of the
withholding, suspension or restriction of the registration in
accordance with the terms of the court order. No appeal under
the Wyoming Administrative Procedure Act shall be allowed for a
registration withheld, suspended or restricted under this
subsection.
(c) The board may assess to a registered appraisal
management company, an applicant for registration as an
appraisal management company, or an unregistered appraisal
management company performing appraisal management services in
this state all or part of the actual expenses of a contested
case proceeding resulting in the discipline or censure of the
registrant, suspension or revocation of the registrant's
certificate of registration, the denial of a certificate of
registration to the applicant or the discipline or censure of an
unregistered appraisal management company performing appraisal
management services in this state.