NAC639.636. Change in legal ownership of facility resulting from legal proceeding.

     1. If there is a change in the legal ownership of the facility of an authorized warehouse resulting from a legal proceeding such as a voluntary or involuntary proceeding in bankruptcy or a receivership, the authorized warehouse shall notify the Board within 5 days after the change in ownership.

     2. Upon the change in ownership, the authorized warehouse may arrange to return any prescription drugs and goods in its possession to the manufacturer, wholesaler, pharmacy or chain warehouse with whom it has contracted or to ship the items to another authorized warehouse or wholesaler.

     3. The Board may inspect, impound and cause to be conducted an inventory of the prescription drugs and goods in the possession of the authorized warehouse if it determines that the change in legal ownership of the facility may endanger the safety, health or welfare of members of the general public.

     (Added to NAC by Bd. of Pharmacy, eff. 10-1-93)