639.232 - Limitations on issuance of licenses. - Nevada Statutes

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Statutes > Nevada > Title-54 > Chapter-639 > Pharmacies > 639-232

639.232 Limitations on issuance of licenses.

1. The Board shall not issue a license to conduct a pharmacy:

(a) To any practitioner; or

(b) To any partnership, corporation or association in which a practitioner has a controlling interest or owns more than 10 percent of the available stock.

2. This section does not:

(a) Apply to a hospital pharmacy or a health maintenance organization which holds a certificate of authority under chapter 695C of NRS.

(b) Prohibit ownership by a practitioner of a building in which a pharmacy is located, if space for the pharmacy is rented at the prevailing rate.

(Added to NRS by 1967, 1656; A 1969, 909; 1979, 1692; 1985, 884)

State Codes and Statutes

Statutes > Nevada > Title-54 > Chapter-639 > Pharmacies > 639-232

639.232 Limitations on issuance of licenses.

1. The Board shall not issue a license to conduct a pharmacy:

(a) To any practitioner; or

(b) To any partnership, corporation or association in which a practitioner has a controlling interest or owns more than 10 percent of the available stock.

2. This section does not:

(a) Apply to a hospital pharmacy or a health maintenance organization which holds a certificate of authority under chapter 695C of NRS.

(b) Prohibit ownership by a practitioner of a building in which a pharmacy is located, if space for the pharmacy is rented at the prevailing rate.

(Added to NRS by 1967, 1656; A 1969, 909; 1979, 1692; 1985, 884)

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State Codes and Statutes

Statutes > Nevada > Title-54 > Chapter-639 > Pharmacies > 639-232

639.232 Limitations on issuance of licenses.

1. The Board shall not issue a license to conduct a pharmacy:

(a) To any practitioner; or

(b) To any partnership, corporation or association in which a practitioner has a controlling interest or owns more than 10 percent of the available stock.

2. This section does not:

(a) Apply to a hospital pharmacy or a health maintenance organization which holds a certificate of authority under chapter 695C of NRS.

(b) Prohibit ownership by a practitioner of a building in which a pharmacy is located, if space for the pharmacy is rented at the prevailing rate.

(Added to NRS by 1967, 1656; A 1969, 909; 1979, 1692; 1985, 884)