Promulgation of rules

The commission may promulgate rules pursuant to chapter 1-26 concerning: (1) The procedure for filing grain reports; (2) The form of a public grain warehouse's bond and application, and the information required to be included for licensing; (3) Requirements and procedures for releasing bonds; (4) Requirements for posting public grain warehouse's licenses; (5) Procedures and requirements for license suspension, revocation, transfer of ownership, or insolvency by a public grain warehouse; (6) Requirements for the form of, procedures for, and the issuance and control of grain warehouse receipts and scale tickets; (7) Specifications for the safe storage of grain; (8) Requirements for filing financial statements with the commission and the financial standards by which the statements are approved when considering whether to license a public grain warehouse; and (9) The rates for receiving, handling, redelivering, and storing grain. Source: SL 2008, ch 249, § 7.