Change of Ownership: According to the Texas Pharmacy Act, Section 560.101, a pharmacy license is not transferable or assignable. Therefore, if a pharmacy changes ownership, the new owner must obtain a new pharmacy license. A change of ownership takes place when one of the following occurs:
(1) a sole proprietor (individual) incorporates or changes to a partnership;
(2) a partnership incorporates or changes to a sole proprietor;
(3) a corporation dissolves and changes it status to a partnership or sole proprietor;*
(4) a sole proprietor (individual), partnership or corporation sells or transfers the ownership to another individual, partnership or corporation.
*Note: A change of ownership does not occur when the corporation sells stock to another person or changes officers but the same corporation continues as the owner of the pharmacy license. In general a change of ownership may not occur when a corporation converts to another type of business entity in accordance with the Texas Business Corporation Act.
Change of Managing Officer: Managing officer is defined as one of the top four executive officers, including the corporate officer in charge of pharmacy operations, designated by the partnership/corporation to be jointly responsible for the legal operation of the pharmacy.
Change of Name and/or Locations: A pharmacy shall report in writing to the board not later than the 10th day after the date of name and/or change of location of a pharmacy.
Change of Pharmacist-in-Charge: A pharmacy shall report in writing to the board not later than the 10th day after the date of change of the person designated as the pharmacist-in-charge of the pharmacy.
Closing a Pharmacy: A pharmacy shall report in writing to the board not later than the 10th day after the date of a permanent closing of the pharmacy.
Add a Pharmacy Scale/Balance: A pharmacy must register all scales/balances used in the pharmacy.
Remote Pharmacy Services: In order to provide remote pharmacy services (Telepharmacy System, Automated Pharmacy Systems, Emergency Medication Kit, or Satellite Pharmacy.
Sanctions for Applicants with Criminal Convictions: The guidelines for disciplinary sanctions apply to criminal convictions and to deferred adjudication community supervisions or deferred dispositions for all applicants for all types of licenses and registrations issued by the board.