Section 25-26-14-21 - Renewal of licenses; lapsed licenses(a) A wholesale drug distributor license expires at midnight of the renewal date specified by the Indiana professional licensing agency under IC 25-1-5-4 in each even-numbered year.(b) The board shall mail renewal application forms to each licensed wholesale drug distributor before the first day of the month before the month in which the license expires. If an application for renewal has not been filed and the required fee paid before the license expiration date, the wholesale drug distributor license shall lapse and become void.(c) A lapsed license may be reinstated only by meeting the requirements under IC 25-1-8-6.(d) A wholesale drug distributor may not be open for business after the license has lapsed, until the renewal is completed.As added by P.L. 182-1991, SEC.3. Amended by P.L. 269-2001, SEC.26; P.L. 1-2006, SEC.465.