Section 1330.780  Change of Ownership of a Pharmacy

A new pharmacy application must be filed whenever:

a)         10% or more of the ownership of the business, other than a publicly traded business, to which the pharmacy licensee was issued is sold or otherwise transferred to a person or entity that does not hold any interest in the business issued the pharmacy license prior to the sale or transfer; or

b)         more than half the board of directors or executive officers of a business issued a pharmacy license change.