Which of the following best describes a Legislative Rule?

A Legislative Rule is best described as a rule made under an agency's delegated authority. These rules are significant because they have the force of law, meaning they can create binding requirements that must be adhered to by those within the agency's jurisdiction. Legislative rules are typically developed through a formal rule-making process, which may include public notice and comment periods, allowing for transparency and input from stakeholders.

In contrast, the other options do not accurately define a Legislative Rule. The notion that such a rule carries no legal weight is incorrect because Legislative Rules do carry legal implications. Similarly, regulations created by private entities are not considered Legislative Rules since they must stem from an agency that has been granted authority by a governing body. Lastly, a rule that only provides guidance without enforcement resembles interpretive rules or policy statements, which are different from Legislative Rules because they do not impose legally binding obligations. Thus, option B accurately encapsulates the definition and nature of a Legislative Rule in the administrative law context.