N.D. Admin. Code 61-02-01-14

Current through Supplement No. 394, October, 2024
Section 61-02-01-14 - Limitation on rent

Before a pharmacy permit is issued, in the case of a pharmacy leasing space, a copy of the lease agreement must be furnished to the board which must include rental terms and information. The lease rental amounts, less in-house sales and wholesale sales, may not exceed five percent of the total gross sales of the pharmacy, with the further provision that the landlord shall furnish all utilities including heat, electrical, and janitorial services, but not including telephone service. The board recognizes that the lease terms and rent will depend on the type of pharmaceutical services offered, and therefore, variations for rent may be granted by the state board of pharmacy.

N.D. Admin Code 61-02-01-14

Effective April 1, 1988; amended effective July 1, 1996.

General Authority: NDCC 28-32-02, 43-15-10(7)(9)(12)(14), 43-15-34, 43-15-35, 43-15-36

Law Implemented: NDCC 28-32-03