90-9-203. Rulemaking. The council shall adopt rules necessary to implement the provisions of this chapter, including but not limited to rules:
     (1) governing the conduct of council business;
     (2) establishing application procedures that, at a minimum, require the submittal of an executive summary for an agricultural development project loan or investment, a business plan for a seed capital project, a research and development project proposal for a research and development project loan, and other documents necessary to meet the criteria established in the act;
     (3) establishing procedures to be followed by the council in its review process prior to making an agricultural development project loan or investment;
     (4) establishing postdisbursement activities that describe the ongoing involvement or follow-along management of the council that may be required in an agricultural development project loan or investment agreement.

     History: En. Sec. 9, Ch. 284, L. 1989; amd. Sec. 4, Ch. 171, L. 2001.