Determination of failure by first purchaser licensee; special meeting; legal notice; actions taken by commissioner

The commissioner shall be responsible for determining when a first purchaser licensee has failed and/or when a failure has occurred. Upon making such a determination, the commissioner shall have the authority to call a special meeting of the board on three (3) days’ notice or shorter if agreed to by the board members. The commissioner shall issue a legal notice in a paper of general circulation once a week for two (2) consecutive weeks in the county or counties in which the first purchaser licensee operates setting forth the name of the failed first purchaser licensee and details on how a producer may file a claim for a payment from the Grain Indemnity Trust Fund. The commissioner shall take any other action the commissioner deems to be appropriate to provide notice to affected producers.