Alabama Code 34-27A-61. Penalties
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The board may censure, conditionally or unconditionally suspend registration, revoke registration, levy fines, or impose civil penalties not exceeding twenty-five thousand dollars ($25,000) against any appraisal management company that the board determines is attempting to or has performed any of the following:
Attorney's Note
Under the Alabama Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
Violation | up to 30 days | up to $200 |
Terms Used In Alabama Code 34-27A-61
- Appraisal: A determination of property value.
- following: means next after. See Alabama Code 1-1-1
- Fraud: Intentional deception resulting in injury to another.