Utah Admin. Code 156-17b-618

Current through Bulletin 2024-12, June 15, 2024
Section R156-17b-618 - Change in Ownership, Name, or Location
(1) Under Section 58-17b-614, except for changes in ownership caused by a change in stockholders in publicly listed corporations whose stock is publicly traded, a licensed pharmaceutical facility shall apply for a new license and receive approval from the Division no later than ten business days before a change in:
(a) location or address, except for a reassignment of a new address by the United States Postal Service that does not involve any change of location;
(b) name, except for a doing-business-as (DBA) name change that is properly registered with the Division of Corporations and filed with the Division of Professional Licensing; or
(c) ownership, with:
(i) a change in entity type; or
(ii) the sale or transfer of 51% or more of an entity's ownership or membership interest to another individual or entity.
(2) Upon approval of the change in location, name, or ownership, and the issuance of a new license, the pharmaceutical facility shall surrender its original license to the Division.

Utah Admin. Code R156-17b-618

Amended by Utah State Bulletin Number 2015-6, effective 2/24/2015
Amended by Utah State Bulletin Number 2023-02, effective 1/5/2023