The council may promulgate rules pursuant to chapter 1-26 concerning:

(1) The procedures for obtaining a declaratory ruling;

(2) The procedures for assessments collected for soybeans grown or sold to a first purchaser;

(3) The procedures for obtaining a refund of the assessment;

(4) The procedures for collecting delinquent assessments and assessing penalties;

(5) The record–keeping and reporting requirements of first purchasers; and

(6) The requirements governing grants and loans made pursuant to § 38-29-7, including eligibility requirements and requirements for application, awards, and administration.

Source: SL 1986, ch 326, § 59; SL 1995, ch 233, § 2.