18-7-404. Establishment of maximum prices -- rulemaking. (1) The maximum prices to be charged for county legal advertising is $14 for each folio for the first insertion, with a follow-on rate of $12 for each folio for any subsequent insertion.

(2) (a) The department shall annually adjust the maximum prices in subsection (1) using the lower of an inflation factor of 2% or the actual inflation determined by the consumer price index for all urban consumers as published by the bureau of labor statistics of the United States department of labor. The adjusted prices become effective on March 1 of each year.

(b) The department shall publish the adjusted prices as a rule.

(3) The department shall deliver, free of charge, to each board of county commissioners in this state a copy of every schedule of maximum prices adopted by the department within 30 days of its publication.

(4) The county commissioners shall require each establishment that prints county legal advertising to verify that:

(a) the legal advertisement was published on the dates ordered by the county and in the style set by the department; and

(b) the price was not in excess of the maximum price set by the department.

(5) The department may not establish maximum prices for printed county forms.