21 NCAC 46 .1604             WHEN NEW PERMIT NOT REQUIRED

(a)  A new pharmacy, device or medical equipment permit is not required in the following situations:

(1)           the permit holder is a publicly-traded corporation and continues to hold the permit; or

(2)           the permit holder is a corporation which is a wholly-owned subsidiary, and any change in the ownership of any corporation in the chain of ownership above the permit holder is due to the stock of such corporation being publicly-traded.

(b)  A permit which has been served with a notice of hearing for a pending disciplinary proceeding before the Board may not be surrendered.

History Note:        Authority G.S. 90-85.6; 90-85.21; 90-85.22;

Eff. May 1, 1989;

Amended Eff. June 1, 2004; April 1, 2001; August 1, 1998; May 1, 1997; September 1, 1995;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 3, 2017.