(a)  The board shall have the following powers and duties:

(1)  Administer and enforce the provisions of this chapter;

(2)  Issue and renew licenses to home inspectors and associate home inspectors pursuant to the provisions of this chapter;

(3)  Suspend, revoke, or fail to renew the license of a home inspector;

(4)  Sanction or administer qualifying examinations for home inspector and associate home inspector applicants, and establish competency requirements;

(5)  Establish standards for the continuing education of home inspectors;

(6)  Adopt and publish a code of ethics and standards of practice for licensed home inspectors and associate home inspectors;

(7)  Prescribe or change the charges for examinations and other services performed;

(8)  Adopt rules and regulations pursuant to the administrative procedures act, chapter 35 of Title 42, necessary to effectuate the purposes of this chapter; and

(9)  Hear contested claims or cases; contested enforcement proceedings; and contested administrative fines in accordance with the administrative procedures act and the administrative regulations promulgated by the board.