124B.11 - PERMIT REQUIREMENTS -- PENALTY. - Iowa Statutes

124B.11 PERMIT REQUIREMENTS -- PENALTY. 1. A vendor or a recipient who receives a precursor substance from a source outside the state shall obtain a permit for the transaction from the board. However, a permit is not required of a vendor of a drug containing ephedrine, phenylpropanolamine, or pseudoephedrine or of a cosmetic that contains a precursor substance if the drug or cosmetic is lawfully sold, transferred, or furnished either over the counter without a prescription in accordance with chapter 126 or with a prescription pursuant to chapter 155A. 2. An application for a permit shall be filed in writing and signed by the applicant, and shall set forth the name of the applicant, the business in which the applicant is engaged, the business address of the applicant, and a full description of any precursor substance sold, transferred, or otherwise furnished or received. 3. The board may grant a permit on a form adopted by rule. A permit shall be effective for not more than one year from the date of issuance. 4. An applicant shall pay, at the time of filing an application, a permit fee determined by the board. 5. A permit granted under this chapter may be annually renewed on a date to be determined by the board pursuant to rule, upon the filing of a renewal application and the payment of a permit renewal fee. 6. Permit fees charged by the board shall not exceed the costs incurred by the board in administering this chapter. 7. Selling, transferring, or otherwise furnishing, or receiving a precursor substance without a permit obtained pursuant to this section is a serious misdemeanor.          Section History: Recent Form 90 Acts, ch 1251, §20 C91, § 204B.11 C93, § 124B.11