Utah Administrative Code
Topic - Commerce
Title R156 - Professional Licensing
Rule R156-17b - Pharmacy Practice Act Rule
Section R156-17b-618 - Change in Ownership, Name, or Location
Universal Citation: UT Admin Code R 156-17b-618
Current through Bulletin 2024-24, December 15, 2024
(1) Under Section 58-17b-614, except for changes in ownership caused by a change in stockholders in publicly listed corporations whose stock is publicly traded, a licensed pharmaceutical facility shall apply for a new license and receive approval from the Division no later than ten business days before a change in:
(a)
location or address, except for a reassignment of a new address by the United
States Postal Service that does not involve any change of location;
(b) name, except for a doing-business-as
(DBA) name change that is properly registered with the Division of Corporations
and filed with the Division of Professional Licensing; or
(c) ownership, with:
(i) a change in entity type; or
(ii) the sale or transfer of 51% or more of
an entity's ownership or membership interest to another individual or
entity.
(2) Upon approval of the change in location, name, or ownership, and the issuance of a new license, the pharmaceutical facility shall surrender its original license to the Division.
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