Cancellation and suspension.

1. The board shall be suspended and board operations and terms of members shall cease upon either of the following events: a. The state assessment is terminated pursuant to section 185C.25 . b. The state assessment is suspended pursuant to section 185C.25A . 2. However, notwithstanding subsection 1 , the board shall continue to operate until proceeds remaining in the corn promotion fund are disbursed. Disbursement shall be made as provided for payment of moneys under section 185C.26 . 3. The secretary shall order that the board be reconstituted upon either of the following events: a. Recommencement of the promotional order, pursuant to section 185C.25 . b. Termination of the promotional order’s suspension, pursuant to section 185C.25A . 4. Until the board is reconstituted under section 185C.8 , the secretary has the powers to perform the duties of the board as provided in this chapter , including the collection of the state assessment at the rate in effect on the date when collection of the state assessment was terminated pursuant to section 185C.25 . However, the secretary shall not expend funds from state assessment. [C77, 79, 81, §185C.24 ] 89 Acts, ch 198, §12 Referred to in §185C.8 , 185C.15