Nev. Admin. Code § 639.6947

Current through October 11, 2024
Section 639.6947 - Change in controlling interest

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.

Nev. Admin. Code § 639.6947

Added to NAC by Bd. of Pharmacy by R008-01, eff. 11-1-2001

NRS 639.070