Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 856. INDIANA BOARD OF PHARMACY |
Article 856IAC3. WHOLESALE LEGEND DRUGS |
Rule 856IAC3-2. Licensing and Operational Requirements |
Section 856IAC3-2-6. Termination of licensure; transfer of license
Latest version.
-
(a) The license of any person shall terminate if and when such person dies or ceases legal existence. Any licensee who ceases legal existence or discontinues business shall notify the board within ten (10) days of such fact in writing.
(b) No license or any authority conferred thereby shall be assigned or otherwise transferred except to the extent allowed by IC 25-26-14-15, and then only pursuant to the written consent of the board. (Indiana Board of Pharmacy; 856 IAC 3-2-6; filed Jun 26, 1992, 5:00 p.m.: 15 IR 2461; readopted filed Jun 12, 2001, 2:17 p.m.: 24 IR 3823; readopted filed Oct 4, 2007, 3:33 p.m.: 20071031-IR-856070060RFA; readopted filed Nov 9, 2012, 11:23 a.m.: 20121205-IR-856120389RFA)