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.