Mo. Code Regs. tit. 20 § 2220-8.060

Current through Register Vol. 49, No. 24, December 16, 2024

Section 20 CSR 2220-8.060 - Termination of Business

PURPOSE: This rule establishes guidelines for terminating business as a third-party logistics provider or drug outsourcer.

(1) A licensed third-party logistics provider or drug outsourcer must notify the board within fifteen (15) days after terminating business in Missouri. Notification must be in writing or on a form provided by the board and include the following information:

(A) The name, address, license number, and effective date of closure;

(B) The name, address, and license number of the entity to which any of the stock/inventory will be transferred; and

(C) The name and address of the location where records required to be maintained by law will be transferred.

(2) Licensees terminating business may transfer all drugs and records in accordance with the following:

(A) Misbranded, outdated, or adulterated drugs may not be transferred, except for purposes of proper disposal;

(B) The entity's Missouri license must be returned to the board either in person or by registered or certified mail; and

(C) Any records transferred to an unlicensed location must be retrievable for board review within seven (7) working days of a request made by an authorized official of the board.

(3) This rule does not preempt any other laws or regulations governing third-party logistic (3PL) or drug outsourcer licensure, change of ownership, change of location, or change of name.

20 CSR 2220-8.060

Adopted by Missouri Register April 15, 2019/Volume 44, Number 8, effective 5/31/2019