R277-926-7. RTC Appeal of Certification Application Denial or Certification Revocation

(1) An RTC may file an appeal to the Board of an adverse decision of the Superintendent resulting in the denial of application or revocation of a certification. (2) An appeal pursuant to this rule shall be an informal adjudication. (3) An appeal described in Subsection (1) shall be made in writing and within 30 days of the date of the Superintendent's action. (4) The Board may: (a) review the appeal as a full board; or (b) refer the appeal to the Board's audit committee to make a recommendation to the Board for action.