Nevada Administrative Code
Chapter 639 - Pharmacists and Pharmacy
PROVIDERS AND WHOLESALERS OF MEDICAL PRODUCTS
Medical Products Providers
Section 639.6947 - Change in controlling interest
Current through September 16, 2024
Upon a change in the controlling interest of a medical products provider, the medical products provider shall:
1. Apply with the Board for a new license within 5 days after the completion of the transaction which changes the controlling interest;
2. Ensure that all servicing, maintenance or repair obligations outstanding at the time of the purchase are addressed without interruption or disruption to the service being received by the consumer; and
3. Not operate the business, except to service, maintain, repair or otherwise satisfy the outstanding obligations of the predecessor business, until the new owner is licensed by the Board.
Added to NAC by Bd. of Pharmacy by R008-01, eff. 11-1-2001
NRS 639.070