§ 20-64-505 - Wholesale distributor -- Permit required.
20-64-505. Wholesale distributor -- Permit required.
(a) Every wholesale distributor who shall engage in the wholesale distribution of prescription drugs, to include without limitation, manufacturing in this state, shipping into this state, or selling or offering to sell in this state, shall register annually with the Arkansas State Board of Pharmacy by application for a permit on a form furnished by the board and accompanied by a fee of two hundred dollars ($200). The board may require a separate license for each facility directly or indirectly owned or operated by the same business entity within this state, or for a parent entity with divisions, subdivisions, subsidiaries, or affiliate companies within this state when operations are conducted at more than one (1) location and there exists joint ownership and control among all the entities.
(b) (1) The permit may be renewed annually at a renewal permit fee of one hundred dollars ($100).
(2) All permits issued under this section shall expire on December 31 of each calendar year.
(3) Each application for the renewal of the permit must be made on or before December 31 of each year, at which time the previous permits shall become null and void.
(c) Each permit issued hereunder shall be displayed by the holder thereof in a conspicuous place.