Revocation of certification
Sec. 4. (a) The department may revoke a certification issued under
the rules adopted under section 3 of this chapter for at least three (3)
years if it determines:
(1) that information given by an appraiser applicant was false;
or
(2) the appraiser fails to meet the minimum requirements of the
department.
(b) If a certification is revoked, any Indiana contract that the
appraiser has is void and the contractor may not receive any
additional funds under the contract.
(c) An individual at least eighteen (18) years of age who resides
in Indiana and any corporation that satisfies the requirements of this
chapter and the rules of the department may be certified as an
appraiser.
(d) A contract for an appraiser under this chapter must contain a
provision specifying that the contract is void if the appraiser's
certification is revoked.
(e) The department may not limit the number of appraisers
certified by this chapter so long as the appraiser meets the
specifications or standards of the department.
As added by P.L.6-1997, SEC.108. Amended by P.L.90-2002,
SEC.233.
Last modified: May 28, 2006