49-43-4.1. 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.