639.232 - Limitations on issuance of licenses. - Nevada Statutes

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)