The board shall promulgate rules, pursuant to chapter 1-26, to:
(1) Delineate qualifications for licensure;
(2) Specify requirements for the renewal of licensure;
(3) Establish standards of professional conduct;
(4) Establish a schedule of disciplinary actions for violations of professional conduct;
(5) Establishment requirements for inactive licenses;
(6) Establish procedures for the collection and management of fees and payments; and
(7) Establish requirements for license application and renewal.