Nevada Administrative Code
Chapter 639 - Pharmacists and Pharmacy
CERTIFICATES, LICENSES AND PERMITS
Section 639.227 - Application or written notice to Board concerning change in ownership of pharmacy required under certain circumstances; suspension of license

1. Not less than 15 business days before a change of 50 percent or more of the beneficial interest of a pharmacy as indicated on the application filed pursuant to NRS 639.231, the person to whom the license to operate the pharmacy was issued shall file with the Board an application for change of ownership.

2. If the person to whom the license to operate the pharmacy was issued is not a corporation whose securities are publicly traded, then not more than 5 calendar days after a change of less than 50 percent of the beneficial interest in a pharmacy as indicated on the application filed pursuant to NRS 639.231, the person to whom the license to operate the pharmacy was issued shall file with the Board written notice of the change.

3. If an application or notice required by this section is not filed, the Board may initiate proceedings, pursuant to NRS 639.241 to 639.2576, inclusive, to suspend the license to operate the pharmacy.