(a) The board, on its own motion or upon receipt of a written complaint, may investigate an appraisal management company, a person or firm associated with an appraisal management company, or a person or firm performing appraisal management services.
(b) If the board determines after the investigation there are grounds for disciplinary action, the board may hold a hearing after giving 30 days” prior notice.
(c) The board has the same powers set out in §30-38-1 et seq. of this code.
(d) After notice and a hearing, the board may:
(1) Deny, revoke, or refuse to issue or renew the registration of an appraisal management company or restrict or limit the activities of an appraisal management company or of a person or firm that owns an interest in or participates in the business of an appraisal management company;