Seizure
The commission may effect seizure of the facilities of a licensee and act as receiver for a period of time under the following circumstances:
1. Licensee does not have sufficient commodities to cover outstanding warehouse receipts and scale tickets marked for storage issued by the licensee.
2. Licensee does not have sufficient funds to operate his business and is in imminent danger of being unable to continue to operate his business.
3. Licensee is unable to fulfill his obligations to farmers.
4. Licensee refuses to submit to a lawful inspection or audit ordered by the commission.