40-20-33. Rules for suspension or revocation of feedlot permit--Inspection of cattle--Renewal of permit. The board may adopt rules for the suspension or revocation of the permit for violations of §§ 40-20-32 to 40-20-36, inclusive, pursuant to chapter 1-26. A registered feedlot is subject to inspection upon all cattle placed in the feedlot. The registered feedlot permit may be renewed annually.